Reflective

Analysts See Domestic Gas Production Rising

U.S. natural gas production in 3Q2006 increased 5.5% year over year — an improvement largely reflective of the recovery from last year’s hurricanes, according to energy analyst John Gerdes. However, Gerdes’ survey also showed 2.2% production growth compared to 2Q2006, suggesting that overall, domestic gas production may rise about 2% this year, or 1 Bcf/d. Those numbers closely match actual gas supply data compiled by Denver-based consulting firm Bentek Energy.

November 27, 2006

Analyst Suggests Domestic Gas Output May Rise 2% in 2006

U.S. natural gas production in 3Q2006 increased 5.5% year over year — an improvement largely reflective of hurricane-related recovery, according to energy analyst John Gerdes. However, Gerdes’ survey also noted 2.2% production growth compared to 2Q2006, suggesting that overall, domestic gas production may rise about 2% this year, or 1 Bcf/d.

November 22, 2006