Did you know that the amount of natural gas and oil we use is changing? This affects prices and how much oil companies drill for. Experts are looking at how cold weather and higher demand for energy are impacting things.
- Natural gas supplies are lower than usual because of the cold weather.
- Oil production is not keeping up with the demand.
- More drilling is needed to meet the growing energy needs.
| Item | Number/Fact |
|---|---|
| Natural gas inventory (Feb 28) | 1,760 Bcf (low) |
| Oil production (five years ago) | ~13 million barrels/day |
| Oil rigs drilling (this week) | 486 (too few) |
