natural gas reserves & current industry status bruce mcdowell american association 2005 north market supply demand balance is and will remain tight consumption grows new frontier supplies are necessary take time outlook estimated peak month supplies2005 2006 source bcf conventional prod 1 60057 3 underground storage 84030 supplementals 6 0 net canadian imports 30010 8 lng 50 subtotal2 796100 mexico exports 33 total 2 763 do not add due to rounding working in compared with 5 year range eia lower 48 dry production vs productive capacitysource energy environmental analysis inc recoverable resources the us 1968 2004 locations of potential proved reserves1991 2003energy information administration responsive price annual productionby region 2000 2010 unconventional drilling costs soaring a barrel crude oil 40 higher than one ago gulf day ratesjan 05jan 04 increase jack up rig 250 300 ft 611 32 273 51
