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<br /> <br />Tellyr. <br />25 <br /> <br /> <br />20 <br /> <br />o Acceleraled <br />DOeregulal;on <br />_RegulatiOn <br />_Actual <br /> <br />15 <br /> <br />1960 <br /> <br />6S <br /> <br />7S <br /> <br />80 <br /> <br />" <br /> <br />90 <br /> <br />70 <br /> <br />. Natural gas production can be expected to decrease during <br />the next few years. but then increase to 22.3 Tcf in 1985 if prices <br />are deregulated (as compared with 20.1 Tel in 1975). <br />-Most 01 the new gas production will come from the Gulf of <br />Mexico and intensive production from onshore fields. <br />-If oes leasing is accelerated and resource availability <br />proves more favorable than expected. natural gas produc- <br />tion could reach 25.5 Tcf in 1985. <br />. If present regulations continue. natural gas production could <br />decline fa 17.9 Tcf in 1985. The lower the price. the more <br />rapid will be the decline in nalUral gas exploration and production. <br />. Because of limited reserves and uncertain supplemental gas <br />supplies. natural gas production is likely to peak in the 1980'5 <br />and probably decline again <br />. Supplemental gas supplies could play an important role in <br />the 1980's and later: <br />-Gas from Alaska could supply over 1 Tcf before 1985. It <br />needed transportation systems are completed. <br />-liquefied natural gas could supply aboul 2 Tcf by 1985 <br />-If hnanClal incentives are provided. over 1 Tef of synthetic <br />gas could be delivered by 1985. and this source could supple- <br />ment dwindlmg supplies of naturally occuring gas in the post. <br />1985 periOd. <br /> <br />'0 <br /> <br />Will Natural Gas <br />Production Continue <br />to Decline? <br /> <br />