In January of 1973, US production of natural gas was 1, 948 (wet) billion cubic feet (bcf).

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In 2008, Algeria exported 711 Bcf of LNG, and 90% of it went to Europe.

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The United Kingdom, facing its coldest winter in years, alone accounted for 73 Bcf.

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And all this assumes you can make an average of 6 bcf per well.

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The total natural gas production from this play was around 10% of the total production of 834.8 bcf in 2009.

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So even if the US exported 3 bcf or 5 bcf per day, there could be severe implications to the supply-demand balance.

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This partly replaced the Building Schools for the Future (BCF) scheme which was scrapped by the coalition, which said it was bureaucratic and wasteful.

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Last year the same week saw just 94 bcf of withdrawals.

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It would be very bullish for gas prices if the deep freeze lasts for a month, and well head freeze offs shut in 125 bcf of cumulative production.

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With its head start, Cheniere expects to flow gas by the end of 2015, beginning annual exports of up to 800 bcf per year for 20 years.

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In January 2011 it was 1, 972 bcf (wet).

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