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Permalink Reply by Parkdota on August 28, 2009 at 7:16

I'm guessing that this isn't a good thing with regards to stopping the price decline and/or helping a price increase.

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Permalink Reply by Les Bamburg on August 28, 2009 at 7:37

Logan, I would concur with your observation.

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Permalink Reply by Parkdota on August 28, 2009 at 10:24

I certainly don't know as much as I wish I did so I kinda have to trust the trends, graphs, and professional opinions that I hear/read. The Tudor/Pickering report sounded great. I looked over their past research and it was quite extensive. So, hopefully they know what they're doing bc the current supply and demand doesn't show a positive trend at all.

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Permalink Reply by red rider on August 28, 2009 at 18:39

question, Since nat gas is consumed nationally for the most part, what is the US consumption level of nat gas compared to national production?

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Permalink Reply by Les Bamburg on August 29, 2009 at 3:36

Robert, from 2008 information:

Production - 61.7 Bcfd
Dry Production - 56.2 Bcfd (after removal of CO2, N2 & NGLs)
Net Imports - 8.1 Bcfd
Total Consumption - 63.5 Bcfd
Lease/Plant/Pipeline Fuel - 5.2 Bcfd
Delivered to Consumers - 58.3 Bcfd

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Permalink Reply by red rider on August 29, 2009 at 3:45

thanks.

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