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- W45351016 abstract "Enron Corp., Houston, in an extensive study of U.S. natural-gas supply and demand through the year 2000, has found that the U.S. gas-resource base is 1,200 tcf. Despite current weaknesses in natural-gas prices, demand growth will be strong although affected by oil-price assumptions. This paper reports on highlights in the areas of reserves and production which include gains in both categories in the Rockies/Wyoming, San Juan basin, and Norphlet trends (offshore Alabama). The Midcontinent/Hugoton area exhibits reserve declines in a period of flat production. In the U.S. Gulf Coast (USGC) offshore, both production and reserves decline over the forecast period. These projections are derived from a base-case price of $4.07/MMBTU by 2000. U.S. gas production exhibits a production decline in a low oil-price case from 19 to 16.4 tcf by 2000, if prices are 30% below the base case, that is, $2.93/MMBTU. Gains in commercial gas use are strong under either scenario of a base oil price of $29.80 in 1990 dollars in the year 2000 or a low oil price of $20.50 in 1990 dollars in 2000. Demand for natural gas for power generation grows as much as 1.5 tcf by 2000 in the Enron base case and bymore » 300 bcf by 2000 in the low crude-oil price case.« less" @default.
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- W45351016 title "ENRON SEES MAJOR INCREASES IN U.S. GAS SUPPLY, DEMAND" @default.
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