Natural Gas Update: Challenges Persist

In December, 1999, The National Petroleum Council published “Meeting the Challenges of the Nation’s Growing Natural Gas Demand”. Since its publication, this study has been cited as the leading report regarding natural gas supply and demand dynamics.

A widely respected panel of industry and government experts met in Washington on March 5 – 6, 2001. The purpose of this meeting, arranged by DOE, was for the panel to share their individual observations on the report and changes seen in the market place since the report was released. A substantial portion of this panel consisted of alumni of the NPC Study. After reviewing pertinent natural gas supply and demand data, this panel concluded that the conclusions and recommendations of the 1999 NPC Natural Gas Study are still not only valid, but are more urgent.