Several studies shows secure supply, pipeline system for growth

✍ Scribed by Biegler, David

• Publisher: John Wiley and Sons
• Year: 2007
• Weight: 610 KB
• Volume: 17
• Category: Article
• ISSN: 0743-5665
• DOI: 10.1002/gas.3410170204

✦ Synopsis

Several Supply3 Growth

Studies Pipeline

an the natural gas industry meet increasing C customer demand?

This question was frequently heard during a recent Natural Gas Council1-sponsored "summit" between natural gas industry executives and major natural gas customers. Simply put, customers wanted to know if there would be enough natural gas in the ground, matched with an adequate transmission and distribution system, to meet their growing needs.

The natural gas industry is well-positionedthrough strong fundamentals, open dialogue with customers, and updated reliability principles-to meet the estimated 35 to 60 percent growth in demand for natural gas forecast for the next 10 to 20 years. With this article, I want to examine the details of our industry's commitment to reliable natural gas service and growth of the use of this premium fuel and discuss where I believe our industry is headed.

Gas Supply Fundamentals Are Solid

Recent fluctuations in the spot and futures price of natural gas have prompted concerns among some analysts that gas supplies might be inadequate to meet growing demand. This is not the case.

... spot and futures price of natural gas have prompted concerns among some analysts that gas supplies might be inadequate ...

David Biegleris chairman and chief operating officer for TXU, a Dallas, Texas, combined energy holding company that includes natural gas and electric utilities.