(in addition to www.aga.org/supplyandprices)
Every month, the U.S. Energy Information Administration publishes a snapshot of supply, demand and prices for natural gas, electricity, petroleum and propane. To read EIA’s “Short-Term Energy Outlook,” which is typically posted on the EIA website around the 6th, 7th or 8th of each month, go to: www.eia.doe.gov/steo
Short-term solutions to the natural gas supply crunch are limited. They include
- Increased production: Contact the Natural Gas Supply Association (www.ngsa.org) and the Independent Petroleum Association of America (www.ipaa.org) for the perspective of the nation’s 8,000+ natural gas producers.
- Increased imports of natural gas in a liquefied form. To learn more about LNG, consult the American Gas Association’s Fact Sheet at, http://www.aga.org/NR/exeres/B004CBE9-13C4-4CBF-8927-7D2C70455EAE.htm?NRMODE=Unpublished&wbc_purpose=Basic&WBCMODE=PresentationUnpublished.
Low-Income Energy Assistance
Low-income customers are hardest-hit by rising energy costs. Assistance available to them includes contributions from local fuel funds–which are often sponsored by local energy utilities in cooperation with social service organizations–and by the federal Low Income Home Energy Assistance Program (LIHEAP). For more info, contact:
- National Fuel Funds Network
- National Energy Assistance Directors Association
- U.S. Department of Health & Human Services
Industrial Demand for Natural Gas
Nearly 45 percent of the natural gas consumed in the U.S. is used by manufacturers and others in the industrial sector. To learn more about the impact of energy costs on industries, go to:
- American Chemistry Council's on natural gas
- National Association of Manufacturers
Natural Gas Outlook to 2020
The choices that federal and state officials make today about natural gas policies will affect the price that customers pay for energy in the future. A new report by the American Gas Foundation analyzed the outlook for natural gas under three alternative policy scenarios, finding that:
“Failure to act swiftly, decisively and positively on issues such as the construction of liquefied natural gas receiving terminals and an Alaskan gas pipeline, diversifying our electricity generating mix and increasing access to domestic supplies of natural gas would prolong and exacerbate problems affecting natural gas markets and all consumers of natural gas.”
More information is available at www.gasfoundation.org.
America’s Natural Gas Supply Challenge
A growing mismatch between natural gas supplies and growing demand will likely result in price increases for the nation’s 64 million natural gas customers unless concerted action is taken.
National Petroleum Council
The National Petroleum Council, a panel that advises the U.S. Secretary of Energy on natural gas and oil issues, has issued Balancing Natural Gas Policy - Fueling the Demands of a Growing Economy (2003), a follow-up to its landmark report titled Natural Gas: Meeting the Challenges of the Nation’s Growing Natural Gas Demand (December 1999). The report described the economic, energy and environmental benefits of using more natural gas, and outlined policy issues that should be addressed in order to achieve those benefits. An update of the NPC report is scheduled to be released in September 2003.