What Happens if No New Gas Pipes Get Built in U.S. Thru 2050?

In early March, our favorite government agency, the U.S. Energy Information Administration (EIA), released its “Annual Energy Outlook 2022” report (see EIA Annual Report Says U.S. O&G Use Will Grow Each Year Thru 2050). One of the main findings of this latest look forward is that the use of oil and natural gas will grow steadily and gradually from now until 2050--over the next 30 years. As part of their prediction modeling, EIA uses three scenarios or "cases"--a "reference" case (what they believe is most realistic), a low economic growth case, and a high economic growth case. EIA has just released a very interesting fourth case: What would happen if no new interstate natural gas pipelines were built from 2024 through 2050? How would that affect natural gas production and consumption?

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