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Power plant carbon rule could boost gas demand 45 percent: ANGA
A natural gas trade group has estimated that the Obama administration's upcoming greenhouse gas rule for existing power plants could help drive up gas demand for electricity by as much as 45 percent, but sees little price impact because of the nation's massive reserves.
The estimate marks the high end of preliminary calculations by the America's Natural Gas Alliance., representing major gas producers, which puts the additional demand on the gas industry in a range of between 3 billion cubic feet per day up to 10 billion from the rule and other EPA pollution regulations.
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