Change, uncertainty mark U. S. natural-gas market
The author says few U.S. industries have experienced the roller coaster of boom or bust as much as the natural gas business in the last 15 years. Most natural gas forecasts are converging on a fairly predictable market. The consumption of natural gas in the U.S. is projected to grow modestly from today's level of about 16.9 tcf. These forecasts recognize that natural gas has an inherent advantage in some markets and that new technology will enhance the prospects for gas use in the commercial sector. However, Booz, Allen has developed an alternative view showing another realistic possibility. Its premise is that the natural gas industry will be unable to reach equilibrium under conventional expectations of supply, demand, and price. The author says, regardless of the price level and the transition to this new environment, the gas business has changed permanently. The new industry will correct many of the inefficiencies that existed previously. This article describes several of the anticipated changes.
- Research Organization:
- Booz, Allen and Hamilton, San Francisco, CA (US)
- OSTI ID:
- 6828916
- Journal Information:
- Oil Gas J.; (United States), Vol. 86:23
- Country of Publication:
- United States
- Language:
- English
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FORECASTING
FUEL CONSUMPTION
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294003* - Energy Planning & Policy- Natural Gas
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