NGSA contends US natural gas supplies 'ample' for heating season

10/15/2001
Click here to enlarge imageThe Natural Gas Supply Association contends that US gas supplies should be ample for the upcoming heating season.NGSA predicted in a new report that US gas demand will slide 2.1%, or 250 bcf, to 11.44 tcf, assuming that the nation's economic recovery is delayed by uncertainty over military events in the Middle East.The report said residential and commercial demand is likely to drop 395 bcf (6.6%) this winter to 5.599 tcf, industrial use is projected to slip 176 bcf (4.8%) to 3.524 tcf, electric generation demand is expected to jump 338 bcf (29.6%) to 1.481 tcf, and production-pipeline consumption is forecast to slide 17 bcf (2%) to 841 bcf.R. Skip Horvath,...
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