Gas industry: in good shape although major issues remain unsettled
Journal Article
·
· Energy (Washington, D.C.); (United States)
OSTI ID:6383223
The major issues currently facing the U.S. gas industry include gas-price decontrol, the marketing of higher priced gas supplies, the capital investment required for new domestic energy supplies, and the future capital needs of the gas industry. The A.G.A. supports an orderly transition to market pricing through the deregulation of new-gas prices but continues to oppose a counterproductive windfall-profits tax. An analysis by sector of demand projections for 2000 shows that the greatest potential for demand growth is in the industrial and nontraditional sectors. Given the right regulatory environment, markets could exist for virtually all the 33 quadrillion Btu of gas supply projected for 2000. In terms of capital investment, U.S. supply and utilization systems based on gaseous fuels are cheaper than equivalent electric or synthetic-liquid routes. A.G.A. predicts a cumulative capital investment of $482 million (1982$) required by the gas industry from 1982 to 2000 to finance a gas-supply scenario based on North American sources and also to meet pipeline and distribution-system needs.
- OSTI ID:
- 6383223
- Journal Information:
- Energy (Washington, D.C.); (United States), Journal Name: Energy (Washington, D.C.); (United States) Vol. 7; ISSN ERGYA
- Country of Publication:
- United States
- Language:
- English
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