1. Northwest Gas Market Outlook
Oregon Public Utility Commission
Dan Kirschner, Executive Director
Northwest Gas Association
July 13, 2017

2. NWGA Members: 1914 Willamette Falls Dr., #255 West Linn, OR 97068
(503)
NWGA Members:
Avista Corporation
Cascade Natural Gas Co.
FortisBC Energy
Intermountain Gas Co.
NW Natural
Puget Sound Energy
Enbridge BC Pipeline
TransCanada GTN System
Williams NW Pipeline

3. What is “The Outlook”? Overview Unique look at gas in our region.
Supply
Prices
Demand
Capacity 3

4. Total Available U.S. Resource

5. North American Gas Supply
Reduction in drilling & completion costs
Gains in well productivity
Greater use of technology
Technological improvements are increasing natural gas supply and at a lower cost:
Sources:
IHS 2010 Fueling North America’s Energy Future
IHS 2016 Shale Gas Re-Loaded (Press Release)

6. Breakeven Cost Comparisons

7. US Production

8. Drilling Rigs and Gas Production

9. WCSB Supply Forecast 9

10. Rockies Supply Forecast10

11. Historic Oil:Gas Spot Prices
Source: EIA Monthly Spot Prices through May, 2017

12. Projected Natural Gas Price12
Source: EIA 2008/2017 AEO
NW Power Council 7th Power Plan Fuel Price Forecast

13. Oregon Gas Demand

14. Regional Gas Demand

15. Regional Demand Composition

16. 2016 Outlook Forecast (0.8% CAGR)

17. 2008:2016 Outlook Comparison

18. Avg. Daily Demand/Capacities

19. Proposed Projects