Energy Environmental Blog

Bentek Natural Gas Report

Written by Greg Russell | Oct 9, 2013 10:27:41 AM

The WSJ is reporting on a new analysis from Bentek Energy:  "Massive shale-driven production growth in the U.S. Northeast and soaring demand from the Southeast will turn the nation's traditional south-to-north and west-to-east pipeline natural gas flows and price spreads upside down, according to Bentek Energy(R), the natural gas and oil analytics unit of Platts, a leading global energy and commodities information provider."  More?  "The 114-page report released at Houston Platts Commodity Week, an annual energy and biofuels outlook event, says that more than one-third of the U.S. natural gas production increase from 2013 to 2023 -- or 9.1 billion cubic feet per day (Bcf/d) -- is expected to come from the Utica and Marcellus shale formations in the northeastern U.S., while nearly half of U.S. demand growth, or 9.4 Bcf/d, is expected to occur in the Southeast over the same period."

Nice.