This report responds to a request received from Secretary of Energy, Spencer Abraham on April 25, 2001 to analyze recent trends and prospects for the future of the U.S. natural gas market. Natural gas prices rose dramatically in 2000 and remained high through the first part of 2001, raising concerns about the future of natural gas prices and the potential for natural gas to fuel U.S. economic growth.

Contents	(complete Report)
Executive Summary
1. Introduction and Background
Statement of Purpose
Organization of the Report
Background
2. Recent Trends and Current Situation
Trends in Natural Gas Consumption
Natural Gas Supply
Natural Gas Transmission and Distribution
3. Outlook for the U.S. Natural Gas Market
Short-Term Outlook
Mid-Term Outlook
Preface
Appendix A. Request Memorandum