Nevada gas seen doubling by 2025; power sector to lead growth

[bananas]

http://www.platts.com/HOME/News/6352718.xml

Nevada gas seen doubling by 2025; power sector to lead growth

Portland, Maine (Platts)--9Feb2007

Nevada's natural gas use is expected to grow by about 3.4% a year and
will likely double to 400 Bcf in 2025 from the 200 Bcf the state used in 2005,
according to a study commissioned by state regulators.

About 75% of the growth will come from natural gas-fired power plants,
Arlington, Virginia-based Energy and Environmental Analysis told the Nevada
Public Utilities Commission this week. Gas-fired generation in the state
doubled to 5.7 GW from 2000 to 2005, and is expected to peak at 8 GW by 2010.

EEA said Nevada's natural gas prices will likely reflect national prices,
which are expected to average $6/MMbtu through 2025. "Gas prices are expected
to be higher during the next few years until significant {liquified natural
gas) imports reduce prices to near $5 per MMBtu sometime after 2010," the
study said. Peak gas use in southern Nevada is expected to roughly double by
2025 to 1 Bcf to 1.6 Bcf, while peak use in northern Nevada will likely jump
to between 400,000 Mcf and 650,000 Mcf from nearly 300 MMcf, the study said.

As gas use rises, Nevada will need additional supplies, possibly from
additional capacity on existing pipelines. "EEA estimates that
consumers will continue to rely on transport from the Kern River, El Paso,
Transwestern, Tuscarora, and Paiute pipelines," the study said.

The development of LNG facilities could affect the Nevada market, EEA
said, noting that LNG North American imports are expected to grow from 600 Bcf
in 2005 to more than 7,000 Bcf in 2025. "West Coast LNG...could displace other
gas supplies into the Nevada market even if physical gas flow does not
increase," the study said.

[Deja Q]

1. A lcaol newspaper article I recently read also claims housing prices will

DOUBLE within 4 years.

Anything can happen.

Just as much as I don't believe housing prices will double, natural gas usage will not double by 2025...

And the way many people behave today, they'll likely kill themselves by their own obliviousness - which wouldn't bother me, the number of fools driving without looking, suing turn signals, or pretty much doing anything conscientious seems to have risen quite a bit lately.

And I still haven't talked about natural gas! :D

Surely there are other means by now to effectively heat a home that don't require gas...

[greenman3610]

2. these predictions are made by people

who have an interest in selling gas.

this will not happen.