Power generation to be biggest demand driver for natural gas
Houston (Platts)-- 8 Jan 2015
A continued increase in demand for natural gas for use in power generation is expected to be the biggest driver for US gas demand in the coming year, the chief economist of the American Petroleum Institute said.
"The biggest trend is probably what we've seen in previous years and that's more natural gas in power generation, as we see more coal plants shut down, primarily for environmental regulations," John Felmy said in an interview Wednesday.
"You may see some increases in industry use as the economy improves and perhaps some commercial [demand], but I think electric power is going to be the biggest growth."
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