Why is the demand for natural gas so small?



  1. 0 Votes

    The problem with natural gas is that it is facing new competition with a larger supply than there is a demand. The demand is lower because we use less gas than we drill for. For more information visit the website in the citation below.

  2. 0 Votes

    The demand isn’t exactly “so small” – some declines in demand have indeed happened, and the supply is surging, making the price so low that some companies are shutting in gas wells to wait for better prices, but the amount of natural gas consumed in the US is still huge, around 23 trillion cubic feet per year (a value that has been more or less constant for many years). And the demand remains high enough that considerable quantities are imported into the US, mostly from Canada and Mexico, but also in liquified form from Egypt, Trinidad, Nigeria, and elsewhere.

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