AGA: SEVERAL YEARS OF BALANCE IN STORE FOR U.S. GAS SUPPLY

The U.S. surplus of natural gas deliverability is gone, and several years of supply/demand balance are possible, says the American Gas Association. The surplus is disappearing because demand has been rising since 1986 and U.S. productive capacity has fallen because fewer wells are being drilled, AGA said. Estimates of the size of the surplus, which has been in existence since 1980, are extremely sensitive to assumed demand in 1990. Operators have begun to drill more gas wells because gas is

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in LNG