Natural Gas: Supply/Demand for U.S. Gas

[dan_s]

https://www.forbes.com/sites/judeclemen ... dfb4f1118d

Good stuff in the article above from Forbes.

"We probably have the largest/ lowest cost gas resource in the world, and our proven reserves alone were up 5% last year to 341 trillion cubic feet - a 60% leap since 2006. More short-term, EIA has gas production outpacing domestic demand over each of the next two years by about 3 Bcf/d. Most of our new demand potential, however, is in the export market, which isn't factored into that. As the wildcard in our gas market, exports to Mexico and LNG will account for 70-80% of new demand for at least the next five years."

U.S. export capacity will be ~19 Bcfpd by the end of 2020. Today we export ~7 Bcfpd