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Some 54 MMbpd needed in Free World by 2000

Journal Article · · World Oil; (United States)
OSTI ID:6719129
Although Tenneco has decreased its previous year's forecast of US primary-energy demand in 2000 by 3%, the latest prediction - 99 quadrillion Btu - is by no means the lowest possible, because the effect of the 1979-80 oil price jumps remains unclear. By 2000, US natural gas production will fall to about 12 trillion CF/yr, or even less if price controls are not relaxed. Supplemental gas-supply projects could offset this decline if they gain prompt regulatory approval, although gas's share of total US energy supply would still drop and the difference would have to be made up by other fuels. In 2000, much of the US gas supply will come from (1) supplemental sources (40%), (2) Alaskan gas and Canadian and Mexican imports (18%), and (3) LNG imports (7%). SNG from coal will contribute some, but not enough to compensate for the Lower 48 production decrease. Such new technologies as geopressured methane will not supply substantial amounts of gas by 2000.
OSTI ID:
6719129
Journal Information:
World Oil; (United States), Journal Name: World Oil; (United States) Vol. 194; ISSN WOOIA
Country of Publication:
United States
Language:
English