Lack of new interstate gas pipelines will lead to higher natural gas costs

Midship Natural Gas Pipeline Project, Oklahoma, USA

 

A federal government study says if no interstate natural gas pipelines are built between 2024 and 2050, the U.S. can expect to see less natural gas production and consumption and 11% higher natural gas costs.

The projection is made by the U.S. Energy Information Administration in its annual Energy Outlook 2022 entitled Issues in Focus: Exploration of the No Interstate Natural Gas Pipeline Builds.

Click here for EIA Outlook