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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Frank who wrote (22331)	5/8/2003 1:02:45 PM
From: aerosappy	Read Replies (1) of 206325

Re-evaluating the 30 Tcf Economy rigzone.com Abstract: Once upon a time, forecasts projected the U.S. would evolve into an economy that consumed 30 Tcf of natural gas annually. It looks as though that theory is running out of gas. Analysis: There are some great concepts that make life exciting. Santa Claus and the Easter Bunny are two that come to mind. For the oil and gas industry, it is the prospect of a 30 Tcf economy. Excerpt: <<While there may not be a Santa Claus or Easter Bunny, there is no need to panic. The U.S. will not run out of gas soon. Higher base natural gas prices will support enough field activity in Canada and the U.S. to sustain U.S. consumption in the 19 to 22 Tcf level through 2008 or so, at which point the first gas is projected to arrive from the Canadian Arctic. This could be followed in 2012 with gas from the Alaskan North Slope. And there is the possibility of expanding LNG use. But that is another story for another time. >>

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