Natural Gas Perspective Stakeholder Meeting of the Northeast and Mid-Atlantic States Regional Low Carbon Fuel Standard Stephen Leahy Northeast Gas Association.

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Presentation transcript:

Natural Gas Perspective Stakeholder Meeting of the Northeast and Mid-Atlantic States Regional Low Carbon Fuel Standard Stephen Leahy Northeast Gas Association Boston, MA October 22, 2009

Copyright: Northeast Gas Association Prepared by: Coler & Colantonio, Inc. January 2009 NORTHEAST GAS ASSOCIATION Regional Local Gas Utilities Service Areas (CT, MA, ME, NH, NJ, NY, RI, VT)

Heating Fuels by Northeast States This table shows percentages by state of major home heating fuels (natural gas, heating oil and electricity), for the most recent data year of Not shown here are wood and propane. For the 8-state region, natural gas represented 55% of the market, and heating oil 34%. For New England, heating oil is 46% and natural gas at just below 35%. Source: U.S. Census Bureau

New Supply / Delivery Points Rockies Express East Pipeline, Nov Millennium Pipeline, Dec Canaport LNG, June 2009 Northeast Gateway LNG, May 2008 Neptune LNG, Mar Marcellus Shale Devlt,

u Potentially the largest natural gas field in the U.S. u Prospective area spans NY, PA, OH, WV u Close to major demand markets Marcellus Shale Map: Range Resources