Posted on 05/17/2012 5:12:45 AM PDT by thackney
Not pipelines.
Market.
The US now produces more gas than it consumes. The ability to transport gas does not mean that you have a willing buyer.
If storage is full, and you have no buyer, then you flare or you shut in. The concern is that there will be no market for the volume of gas produced.
Not yet. We will probably reach that point and become a net exporter, but we are not there today. Today we still are importing to meet our demand.
Natural Gas Gross Withdrawals and Production
http://www.eia.gov/dnav/ng/ng_prod_sum_dcu_NUS_m.htm
Natural Gas Consumption by End Use
http://www.eia.gov/dnav/ng/ng_cons_sum_dcu_nus_m.htm W
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