Natural Gas Demand Continues to Decline [View article]
Thanks for an informative article. A couple of questions: 1. How close is the correlation between the manufacturing index and natural gas consumption. Isn't a large part of NG industrial consumption a fixed cost and therefore not greatly affected by volume increases/decreases? 2. You cover industrial NG use (29%) and residential use (20%). What sector uses the remaining 50%? Is it electrical? Isn't most electricity generation by NG for top off for peak demand? If so, then NG use by electric utilities may not correlate with overall demand fluctuations. 3. What are the current import/export numbers for LNG? Does USA have the capacity to export significant quantities of LNG?
Natural Gas Demand Continues to Decline [View article]
A couple of questions:
1. How close is the correlation between the manufacturing index and natural gas consumption. Isn't a large part of NG industrial consumption a fixed cost and therefore not greatly affected by volume increases/decreases?
2. You cover industrial NG use (29%) and residential use (20%). What sector uses the remaining 50%? Is it electrical? Isn't most electricity generation by NG for top off for peak demand? If so, then NG use by electric utilities may not correlate with overall demand fluctuations.
3. What are the current import/export numbers for LNG? Does USA have the capacity to export significant quantities of LNG?