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August 30, 2017
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In the article titled “NatGas Price Spikes Possible as Demand Returns, Production Cuts Linger Post-Harvey,” it states that in 2005, hurricanes Katrina/Rita temporarily shut-in 8 Bcf/d of demand and permanently destroyed 1.7 Bcf/d of demand. Hurricanes Gustav/Ike in 2008 temporarily shut-in more than 7 Bcf/d of demand and around 1 Bcf/d was permanently destroyed. This statement was based on a report from Genscape Inc. which has indicated the report contained a typo and that it was actually supply(not demand)that was shut-in and permanently destroyed during all of those storms.

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