Here comes the world gas market: more energy and new uncertainties

Journal Article · Sat Jan 31 00:00:00 EST 1981 · Natl. J.; (United States)

OSTI ID:6609819

Samuelson, R J

Dr. Samuelson feels that no one knows whether new natural-gas supplies from the Soviet Union, Algeria, Nigeria, and Canada will stabilize a shaky market or introduce more instability. He notes that Europe and the US are depleting their gas supplies at a time when natural gas is following oil into world trade markets. This could lower dependence on Mid-East oil, but it could also set the stage for a similar dependence on imported gas. The present concentration of known gas reserves in a few countries reflects the heavy emphasis placed on oil exploration in the past. Europe and Japan strive to spread the risks of overall energy imports, while the US weighs the risks of specific projects for moving gas or liquefied natural gas, making joint planning difficult. Disputes over pricing and safety have already erupted. (DCK)

• OSTI ID: 6609819
• Journal Information: Natl. J.; (United States), Vol. 13:5
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
03 NATURAL GAS
LNG INDUSTRY
MARKET
NATURAL GAS
GLOBAL ASPECTS
AVAILABILITY
POLITICAL ASPECTS
RESOURCE POTENTIAL
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRY
INSTITUTIONAL FACTORS
NATURAL GAS INDUSTRY
294003* - Energy Planning & Policy- Natural Gas
030600 - Natural Gas- Economic
Industrial
& Business Aspects