1983•Pipe line industryRequires access

Gas utilities to increase outlays

John M O'Donnell

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Abstract

Despite rising natural gas prices and falling consumer demand for gas, experts predict a 16% increase in US gas transmission and distribution expenditures for 1983. Production and storage outlays will probably decrease because of the current gas surplus. The demand for natural gas has been below production levels since 1981. Increases in residential and commercial requirements have been offset by a drop in industrial use, which represents 50% of total gas demand.

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Despite rising natural gas prices and falling consumer demand for gas, experts predict a 16% increase in US gas transmission and distribution expenditures for 1983. Production and storage outlays will probably decrease because of the current gas surplus. The demand for natural gas has been below production levels since 1981. Increases in residential and commercial requirements have been offset by a drop in industrial use, which represents 50% of total gas demand.

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Available abstract

Despite rising natural gas prices and falling consumer demand for gas, experts predict a 16% increase in US gas transmission and distribution expenditures for 1983. Production and storage outlays will probably decrease because of the current gas surplus. The demand for natural gas has been below production levels since 1981. Increases in residential and commercial requirements have been offset by a drop in industrial use, which represents 50% of total gas demand.

Key concepts: Natural gas, Environmental science, Natural resource economics, Economics, Production (economics), Waste management, Engineering, Microeconomics

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