•Natural gas has been a building block for North America’s growth & prosperity
•Natural gas is not a “bridge” but, indeed, is a foundational fuel to ensure global development & prosperity
•As an industry, we’re far too quiet about how large a role our energy (natural gas energy) plays in the quality of life we have ALL come to expect

•The LDC Gas Forum is 30 years old this year.
•Today and 30 years ago are night and day for the gas industry.
        oOpen access
        oUnbundling
        oDeregulation
        oShale abundance
        oLNG (an innie becomes an outie)
•The revolution over the last decade.
•Today’s opportunities and challenges.
•Where can it all end up?
        oGas supply
        oExports, power generation, industry
        oBuilding out infrastructure
        oGas-electric interaction

Gas markets: Near term certainty and long term uncertainty

• Gas markets have become immune to the growing storage deficit. Certainty of supply from new Northeast pipes for the next few years is keeping markets unfazed despite record heat and record exports.
• Beyond that, markets are assuming demand will show up. Consensus market view relies on strong demand growth from gas exports and power to enable gas supply growth, but  this demand growth is dependent on a multitude of factors. How strong will LNG version 2.0 be? Will power demand growth surprise to the upside?
• Robustness of demand will have long term implications not just on flat price but also on basis pricing around the country as the markets pick winners and losers.

Immediately after the networking activities on Monday, stop by and join us in the Lobby Lounge of the Marriott Magnificent Mile Hotel for drinks and networking to kick off the 30th Anniversary of the Mid-Continent Forum!