I think looking at Canada we also have production down by another 1.5BCF/d and still dropping.  The Canadian storage overhang has masked the production drop for the US since they are still sending as much gas to the US as in the past.  Canadian storage will be reaching its peak levels soon and the production drop off will then be added to the reduction in the US gas levels.

 

So between the Haynesville and Canada overall production will have dropped significantly.  We will have storage levels about equal to 2011 max levels except the production levels are down and dropping.  I think this is a setup for higher prices in 2013.