Natural Gas Monthly, January 1985
Technical Report
·
OSTI ID:6125059
Dry gas production during January 1985 was estimated at 1555 billion cubic feet (Bcf), 4.5% below January 1984 dry gas production. Consumption of natural gas during January 1985 was an estimated 2248 Bcf, 2.1% above the January 1984 level. Compared to the previous December, residential consumption in December 1984 was down 27.8%, commercial consumption down 31.5%, industrial consumption down 7.7%, and electric utility consumption down 0.5%. The volume of working gas in underground storage reservoirs at the end of January 1985 was 7.3% above the January 1984 level. The average wellhead price of natural gas in December 1984 was $2.64 per thousand cubic feet (Mcf). In December 1983, the average price was $2.61 per Mcf. In January 1985, the average residential price of natural gas was $6.19 per Mcf. The comparable price in January 1984 was $5.98 per Mcf. The average wellhead (first sale) price for natural gas purchases projected for February 1985 by selected interstate pipeline companies was $2.92 per Mcf. In February 1984, the average price was $2.75 per Mcf. The average price projected for Old Gas (NGPA Sections 104, 105, and 106) in February 1985 was $1.58 per Mcf; for New Gas (NGPA Sections 102, 103, 108, and 109), $3.74 per Mcf; and for High Cost Gas (NGPA Section 107), $5.19 per Mcf. In February 1984, the prices projected for Old Gas, New Gas, and High Cost Gas averaged $1.43, $3.60, and $5.71 per Mcf, respectively. 3 figures, 23 tables.
- Research Organization:
- USDOE Energy Information Administration, Washington, DC. Office of Oil and Gas
- OSTI ID:
- 6125059
- Report Number(s):
- DOE/EIA-0130(85/01); ON: DE85008855
- Country of Publication:
- United States
- Language:
- English
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