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Pandemic Cut U.S. Natural Gas Production by 1% in 2020, EIA Says

Pandemic Cut U.S. Natural Gas Production by 1% in 2020, EIA Says

U.S. annual natural gas production in 2020 declined 1% year/year and averaged 111.2 billion Bcf/d, a reflection in part of the pullback in drilling activity following the demand destruction and downward pressure on prices caused by the coronavirus pandemic. In releasing its latest 2020 estimate, measured by gross withdrawals, the U.S. Energy Administration (EIA) also…

March 3, 2021
Industrial Sector Seen Driving Most U.S. Natural Gas Demand in Coming Years

Industrial Sector Seen Driving Most U.S. Natural Gas Demand in Coming Years

From 2020 to 2050, industrial use will make up more than 75% of natural gas demand growth as prices remain low versus historical levels over the next 30 years, according to the U.S. Energy Information Administration (EIA). As economic growth figures to drive U.S. industrial output, the industrial sector is expected to grow annual natural…

February 17, 2021
Henry Hub Expected Sub-$4 to 2050; U.S.-Sourced LNG to Remain Competitive to 2030

Henry Hub Expected Sub-$4 to 2050; U.S.-Sourced LNG to Remain Competitive to 2030

U.S. dry natural gas production is forecast to grow at a considerably slower rate to 2025, but it still is seen outpacing demand, pressuring prices and leading to an increase in exports, according to government projections.

January 29, 2020
Henry Hub Expected Sub-$4 to 2050; U.S.-Sourced LNG to Remain Competitive to 2030

Henry Hub Expected Sub-$4 to 2050; U.S.-Sourced LNG to Remain Competitive to 2030

U.S. dry natural gas production is forecast to grow at a considerably slower rate to 2025, but it still is seen outpacing demand, pressuring prices and leading to an increase in exports, according to government projections.

January 29, 2020