Lower Prices And Strong Demand Drive Gas Distribution Spending To All-Time High

摘要

Although total natural gas consumption declined by 1.1% in 2006 primarily due to warmer-than-average January 2006 weather, consumption is expected to rebound in 2007. The Energy Information Administration projects natural gas demand will increase from 22.17 Tcf in 2006 to 22.28 Tcf in 2007. Domestic dry natural gas production is also expected to increase by 0.8% in both 2006 and 2007 due in large part to restored production capacity from the major disruptions caused by Hurricanes Katrina and Rita in the Gulf of Mexico in 2005.