fw : high natural gas prices affect us oil demand and supply - cera alert - - - - - original message - - - - - from : webmaster @ cera . com @ enron sent : tuesday , january 30 , 2001 9 : 12 pm to : insights @ cera . com subject : high natural gas prices affect us oil demand and supply - cera alert title : high natural gas prices affect us oil demand and supply url : http : / / www 20 . cera . com / eprofile ? u = 35 & m = 2234 north america natural gas prices have increased nearly threefold in a year . gas has lost market share to the heavy end of the barrel , residual fuel , but it also to middle distillates . * cera estimates that the curtailment of gas supplies to interruptable customers , combined with economically driven switching , accounts for as much as 0 . 55 mbd of the strong year - on - year increase in us oil demand in january . * for the short term , high gas prices are having a less pronounced effect on the oil supply side in the united states , about 0 . 2 mbd . * this spring about 0 . 1 mbd of the gains in oil demand due to switching should be yielded back to gas . * * end * * follow above url for full report . come shoot the rapids with us at ceraweek 2001 , " shooting the rapids : strategies and risks for the energy future " in houston , february 12 - 16 , 2001 ! for more information and to register , please visit http : / / www 20 . cera . com / ceraweek / e - mail category : alert cera knowledge area ( s ) : global oil , to make changes to your cera . com account go to : forgot your username and password ? go to : http : / / www 20 . cera . com / client / forgot this electronic message and attachments , if any , contain information from cambridge energy research associates , inc . ( cera ) which is confidential and may be privileged . unauthorized disclosure , copying , distribution or use of the contents of this message or any attachments , in whole or in part , is strictly prohibited . terms of use : http : / / www 20 . cera . com / tos questions / comments : webmaster @ cera . com copyright 2000 . cambridge energy research associates