Golden Years: The Golden Age of U.S. Natural Gas Part IV—How Much Supply Is Reasonable to Expect, and Why?
As we move into the Golden Years of U.S. natural gas, it is important to understand the long-term sustainability of such a large expansion to U.S. natural gas supplies and their uses. Our strong conclusion is that US natural gas supply will comfortably meet expected increases in demand in the years out to 2025. And that is important, because if the rapid expansion of demand, including hotly debated sectors like LNG exports, really did start putting strain on the nation’s gas supplies, prices could be higher going forward. But if sufficient confidence exists in the ability of producers to supply enough gas to meet plausible demand scenarios for a long time to come, then stable prices can be expected (and are), which will allow some industrial demand projects to actually get built. Today’s blog concludes our series on natural gas supply and demand.