May 2011, Vol. 238 No. 5

In The News

U.S. Natural Gas Imports Fall For Third Straight Year

Net imports of natural gas have fallen for three consecutive years, due largely to growing domestic production from shale gas formations, reports the federal Energy Information Administration. Between 2007-2010 annual net imports fell by about 1.2 Tcf or nearly one-third. Net imports by pipeline account for over 80% of total net imports and come entirely from Canada (the U.S. is a net exporter to Mexico). Net pipeline imports fell by 28%. Net imports in the form of LNG were down nearly 50%. The import share of total U.S. natural gas consumption rose from less than 5% in 1986 to over 16% in 2001. While net natural gas imports for 2010 were down only slightly compared to 2009, t

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