Challenges face U.S. Gas suppliers

✍ Scribed by Curtis, John B. ;Schwochow, Stephen D.

• Book ID: 102842965
• Publisher: John Wiley and Sons
• Year: 2007
• Weight: 627 KB
• Volume: 13
• Category: Article
• ISSN: 0743-5665
• DOI: 10.1002/gas.3410130203

✦ Synopsis

ear-term projections by gas industry re-N search and trade organizations' indicate that natural gas consumption (supplied primarily by drilling in the lower 48 states) could increase by as much as 33 percent. Such an increase would raise consumption from the current 21 trillion cubic feet annually to more than 28 trillion cubic feet annually by the year 2015. This increase would give natural gas a 26percent share of U.S. total energy usage. Gas to meet this supply challenge will be produced both from current proved reserves of 164 trillion cubic feet2 and from the remaining potential resource base of 1,028 trillion cubic feet.3