Tight gas market seen for US heating season

From OGJ:

“The capacity to produce electricity from natural gas has grown significantly. Meanwhile, we could be limited by the amount of new supplies. Year-to-date, we’re down on new production, and if we wind up with a positive 2004 number, it won’t be very big. We see that the Canadians are going through a similar experience. Other than LNG, supply growth really isn’t that good, even as the demand factors expand,” Costello said.

OGJ