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Study: Cook Inlet has enough gas for decade

Story last updated at 12/22/2009 - 9:07 am

The Associated Press

ANCHORAGE – A new study says Cook Inlet holds enough natural gas to supply the region’s needs for a decade or longer. The Department of Natural Resources estimates that more than a trillion cubic feet of gas remains to be tapped in the 28 producing gas fields in Cook Inlet.

The 47-page study did not address some key challenges for Cook Inlet. Those issues include the declining production of its wells and regional utilities’ concern about meeting peak consumer demand for gas during long, cold snaps.

But officials say the study does show that Alaskans do not need to be in a panic mode about a gas shortage in the near term.