Energy Information Administration
Surging natural gas production in Texas in December 2007 may have mitigated price increases during the recent cold snap in the Lower 48 States

Thursday, December 20, 2007

According to Bentek Energy, LLC, an energy markets information company, natural gas originating in Texas and flowing to other States hit a record high of about 10 Bcf per day recently. This is an increase of about 26 percent above levels in December 2006. These additional flows of natural gas production would have eased pressure on natural gas prices in some markets during the recent cold spell.

For a complete copy of the Natural Gas Weekly Update from Energy Information Administration, please click on the following link http://tonto.eia.doe.gov/oog/info/ngw/ngupdate.asp.