Industry
Principles of Gas Supply and Demand
Length: About 55 minutes
Subscription: 15 days
Cost: $79.00
Prerequisites: Gas Industry Overview (online course) or a general knowledge of the natural gas industry including the basics of production, transmission, distribution, customers, and regulation.
This course focuses on the forces that drive supply and demand in natural gas markets. The course begins with a look at gas demand for four key customer groups; how it varies yearly and seasonally, concepts used to evaluate demand, how demand results in monthly load profiles, and how prices affect demand for each customer group. The course then addresses gas supply; the major U.S. supply sources, reserves to production ratios, how the pipeline and storage system impacts supply, and the role of new production, pipelines and LNG imports. The course concludes with a look at the natural gas value chain and the key factors that influence prices at each point. This module is also included in the full-length course, Gas Market Dynamics.
Contact us at 866-765-5432 or 'info' for more information.
- How various customers use gas and the factors that impact demand levels at any point in time
- North American supply sources and how the supply situation may evolve over time
- How gas prices are determined at a specific location or point in time
- How prices fluctuate based on changes in supply and demand
- Short-term and long-term factors that drive gas demand
- Concepts used in evaluating demand (baseload demand, average demand, peak-day demand, load factor, annual load profile)
- Residential gas use (specific uses for gas and characteristics of gas demand)
- Commercial gas use (specific uses for gas and characteristics of gas demand)
- Industrial gas use (specific uses for gas and characteristics of gas demand)
- Electric generation gas use (specific uses for gas and characteristics of gas demand)
- How weather affects demand
- How storage activity affects demand
- Key factors driving gas supply in the short term
- Sources of U.S. supply
- Major North American supply regions
- Reserve to production ratios
- The North American transmission pipeline system
- North American storage facilities
- Key factors driving gas supply in the long term
- New potential supply sources (Alaska, Mackenzie Delta) and issues with their development
- Pipeline and storage expansions
- LNG as a supply source (proposed and constructed terminals, pricing)
- How gas is priced throughout the value chain
- The forward price curve
- Historical U.S. gas prices
- Long-term factors affecting gas prices
You may view this course as many times as you wish during the license period (45 days for a full-length course and 15 days for a short course). However, you may not share access to the course with anyone else. Enerdynamics will not be liable to you, or to anyone who may claim any right due to a relationship with you, for any acts or omissions in the performance of services under the terms of this license unless such acts or omissions are due to willful misconduct. With your purchase and/or use of this course you are accepting the terms of this license agreement.
This Enerdynamics online training product has been uniquely designed to offer the best value in the business. With your purchase, you will receive:
- A 45-day single user subscription (15 days for short courses) to the course: view the course material as many times and in any order you like during the subscription period.
- E-mail access to Enerdynamics: feel free to ask any questions relevant to the course material.
- Professional audio and animated content developed by experienced education professionals: this is not a page turner!
- Online exercises and interactions: designed to cement your understanding.
- Reference materials: a list of acronyms and a glossary that you can view online with your course.
- Expert instruction: this course was developed by professionals with decades of energy experience in the industry.
- Full-color presentations: our seminars are carefully designed for maximum impact and interest.
- Learn anytime and anywhere: wherever you have Internet access.
- Your satisfaction is guaranteed: so you have nothing to lose!
Contact us at 866-765-5432 or 'info' for more information.
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