The International Energy Agency (IEA) said U.S. gas production could reach 797 billion cubic meters (bcm) (28.14 Tcf) by 2018, 17% higher than last year’s total of 681 bcm (24.05 Tcf), which was a 5% increase over 2011. That’s thanks to shale gas. Other countries have it, but they won’t be getting at it for some time, and that fact will keep the United States among the leading natural gas producers.
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Barclays: Recession Cuts Gas Demand for Power
Economic strife and the consequent downturn in gas demand, particularly for power generation, and growing domestic production have flipped the priorities of the gas industry, at least for the time being, according to analysts at Barclays Capital.
Barclays: Power Plants Most Likely Home for Growing Gas Supply
Economic strife and the consequent downturn in gas demand, particularly for power generation, and growing domestic production have flipped the priorities of the gas industry, at least for the time being, according to analysts at Barclays Capital.
Transportation Notes
PG&E Gas Transmission-Northwest (GTN) began scheduled maintenance Friday on the B unit of Station 9, which limits that station’s throughput to 1,970 MMcf/d and consequent capacity at Station 14 just upstream of Malin to 1,940 MMcf/d. Normal capacity is expected to be restored Feb. 26.