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U. S. gas supply/demand seen nearing balance

Journal Article · · Oil Gas J.; (United States)
OSTI ID:5284592

According to a study by Baker and Botts for the U.S. Federal Energy Regulatory Commission, firm gas curtailments for Apr. 1977 to Apr. 1978 will be 3.256 trillion cu ft, compared with 3.379 trillion during the same 1976-77 period; and projected curtailments for 1978-79 will be at about the same level as the preceding 12 mo. According to U.S. Department of Energy (DOE) statistics, interstate gas transmission companies produced and purchased 10.9 trillion cu ft in 1977, compared with a record 14.2 trillion in 1972; usage by the industrial sector has decreased from 10.2 quadrillion Btu in 1970 to 8.3 quadrillion in 1977, an 18.6% decline. According to R. L. O'Shields of Panhandle Eastern Pipe Line Co., the decline in the industrial market is the result of conservation, e.g., rearrangement of process technology, the elimination of interruptible sales, some permanent shifts to alternative fuels, mainly oil, and investment in facilities for more efficient use of energy. DOE has projected that interstate gas supplies will increase to 12.1-12.3 trillion cu ft in 1985 as a result of the natural gas bill and the Alaskan gas line, without which, supplies will be approx.9.1 trillion cu ft. Comments by various gas distribution companies on the shrinking interstate market are discussed.

Research Organization:
Panhandle East. Pipe Line Co.
OSTI ID:
5284592
Journal Information:
Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 76:39; ISSN OIGJA
Country of Publication:
United States
Language:
English

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