Summary of a Workshop on U.S. Natural Gas Demand, Supply, and Technology Looking Toward the Future (2003) / Chapter Skim
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In this context, according to some workshop participants, key efforts in achieving the most efficient use of natural gas resources are (1) creating the proper mix of access and incentives to encourage efficient and environmentally sound exploration and production activities, (2)
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In terms of U.S. natural gas consumption, some workshop participants projected an overall increase in the next 5 years, owing largely to an anticipated rebound in industrial production and continued growth in new natural gas-fired electric power plants.
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Some workshop participants believe (1) that the United States will continue to require increasing amounts of imported natural gas to meet projected demand; (2)
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Workshop discussion focused on ways to meet projected demands and to counter natural gas price increases and volatility in the United States, including the need for an educated and trained workforce; access to off-limits lands; increased natural gas storage capacity; a global transportation infrastructure, especially for offshore production and imports; more efficient and competitive fiscal and regulatory regimes; and rapid technological improvements with emphasis on the development of unconventional reservoirs and conventional deepwater and frontier resources. Rapid technological improvements which in the past two decades have served to create unconventional gas reserves such as tight gas, shale gas, and coalbed gas have historically relied on large private-sector investment.
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natural gas consumption and associated research and technology development across the upstream-to-downstream natural gas spectrum. According to some workshop participants, because long-term global trends are toward a natural gas economy and away from coal and oil, the issue of meeting natural gas technology needs in the face of decreased private and federal spending on oil and gas research and technology, decreased geoscience and engineering enrollments in graduate schools, and an aging energy company workforce provides a framework for future U.S.
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