American Gas - April 2011 - (Page 32)

priority pathways for growth The AGA Growth Task Force offers an action plan to increase natural gas market share in five key areas. oday’s dramatically different energy landscape means that utilities’ plans for growth must change dramatically as well. Just six years ago, in 2005, natural gas demand was growing, access to supply and infrastructure was constrained, and prices were volatile and rising. According to the American Gas Foundation’s “Natural Gas Outlook to 2020” study, there was an expectation that imported liquefied natural gas (LNG), offshore drilling and the Alaskan pipeline were going to be integral and grow- T ing components of the energy mix. Today, we have access to an abundant supply of natural gas, and prices have dropped significantly. What changed? In a word: shale. We have long known the shale reserves existed, but accessing the natural gas within was not cost effective or viable. With significant advancements in drilling technology, however, an abundant supply of domestic natural gas is now available. Based upon current consumption levels, it is estimated that the United States will have enough natural gas to meet demand for at least the next 100 years. 32 april 2011 AmericAn GAs

Table of Contents for the Digital Edition of American Gas - April 2011

American Gas - April 2011
Contents
President’s Message Safety Is Job One
In the Know Gas Quality: When Science and Policy Intersect
In the News
Safety First Partnering for Progress
The New Realities of the Natural Gas Industry: From Wellhead to Customer
Part I: Then There Was Abundance
Part II: through the Pipeline
Part III: Priority Pathways for Growth
Going for the Green
Places to Be
Noteworthies
Advertisers’ Index
Jobline
Marketplace
Facts on Gas

American Gas - April 2011

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