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To: rolatzi who wrote (25829)9/20/2003 7:46:34 PM
From: quehubo  Respond to of 206338
 
You can look on the EIA website for some history. But storage size has increased some, but lack of storage capacity is cited for price spikes.

Take a look at the write up on salt dome storage which is being added. It can be loaded and unloaded very quickly.



To: rolatzi who wrote (25829)9/25/2003 1:58:47 PM
From: Archie Meeties  Respond to of 206338
 
Rolatzi,

What you're really interested in is changes in weather adjusted winter consumption, not changes in overall consumption. There could be 5% yearly increases in NG consumption but this will not affect the amount of storage needed in the winter at all IF all of the that increase in consumption came from (for example) peak summer electricity demand. Of course this assumes that even at peak summer demand there is an excess of supply/demand and that this excess is put into storage.

If memory serves, I think increases in NG consumption have been very little over the past 2 years. The big gain was 3-4 years ago. The data is all there, as que says, at the EIA site.