Gas Demand Slowly Rising

While demand for natural gas dropped off in 2009, it's slowly making a comeback. This is good news. The EIA is projecting that US consumption will increase 4.5% in 2010 with industrial consumption estimated to be up 7.5%. A continually improving economy will create even more demand, thereby helping to 1) reduce the current glut 2) raise the price of gas and 3) get oil & gas companies moving again. Then, all we'll need are state government officials who understand that, when you're 10 billion dollars in debt, you shouldn't be shutting down a developing new industry that could add a billion dollars a year in tax receipts.