Consumption

U.S. Renewables Consumption Outpaced Coal in 2019, Thanks in Part to Natural Gas

U.S. Renewables Consumption Outpaced Coal in 2019, Thanks in Part to Natural Gas

The United States’ use of coal continued to decline in 2019, while renewable energy and natural gas consumption remained strong, according to the Energy Information Administration (EIA).

May 29, 2020
U.S. Petroleum Consumption to Lowest Level Since Early 1990s on Covid-19 Mitigation

U.S. Petroleum Consumption to Lowest Level Since Early 1990s on Covid-19 Mitigation

Consumption of petroleum products in the United States fell to 13.8 million b/d in the week ending April 10, according to the Energy Information Administration (EIA), the lowest level since at least the early 1990s, when the agency began publishing such data.

April 23, 2020

EIA Trims 2020 Natural Gas Price Forecast to $2.33; Relief Seen in 2021

Domestic natural gas production will continue to outpace consumption in 2020, resulting in Henry Hub spot prices averaging only $2.33/MMBtu for the year, a 24-cent decline from the 2019 average of $2.57/MMBtu, which in turn was down 59 cents compared with 2018 levels, according to the Energy Information Administration (EIA).

January 14, 2020
Growing Asian Natural Gas, Petroleum Consumption Outpacing Supply, Says EIA

Growing Asian Natural Gas, Petroleum Consumption Outpacing Supply, Says EIA

Natural gas and petroleum consumption is rising in Asia faster than supply is growing, potentially shifting trade patterns and infrastructure investments, according to the U.S. Energy Information Administration (EIA).

September 24, 2019
Onshore Natural Gas Output on Pace to Match Demand, Pressuring Prices, Says EIA

Onshore Natural Gas Output on Pace to Match Demand, Pressuring Prices, Says EIA

Domestic natural gas production growth is expected to keep pace with demand and exports this year, and inventories will build faster than the five-year average, keeping a lid on Henry Hub prices, which are expected to average just $2.89/MMBtu in 2019, according to the Energy Information Administration (EIA).

January 15, 2019

US. Natural Gas Consumption Slips in 2017 as Renewables Reach New Heights, Says EIA

In a stark change from recent trends, natural gas consumption in the United States fell 1.4% in 2017, according to the Energy Information Administration (EIA).

July 5, 2018
Global NatGas Fastest Growing Fossil Fuel to 2040 as Supply, Trade Soars, Says EIA

Global NatGas Fastest Growing Fossil Fuel to 2040 as Supply, Trade Soars, Says EIA

Worldwide natural gas consumption is projected to increase to 177 Tcf in 2040 from 124 Tcf in 2015 and account for the largest increase in fossil fuel consumption, but renewable energy resources are picking up the pace, the U.S. Energy Information Administration (EIA) said Thursday.

September 14, 2017

U.S. Dry Gas Production Down in December For 13th Straight Month

U.S. dry natural gas production was down for a 13th consecutive month in March, reaching 2.22 Tcf (71.6 Bcf/d), a 2.4% decline from 2.28 Tcf (73.4 Bcf/d) in March 2016, according to the Energy Information Administration (EIA).

June 1, 2017

NatGas Demand From Oilsands Producers Projected to Balloon

Voracious fuel consumption by Alberta oilsands production complexes has made them a potent force in pricing natural gas, according to the National Energy Board (NEB).

April 20, 2017

EIA Sees Henry Hub Spot Price Increasing to $3.27/MMBtu in 2017

Growing domestic consumption of natural gas and increasing exports, both via pipelines to Mexico and liquefied natural gas to other markets, will help to boost prices next year higher than previously forecast, according to the Energy Information Administration (EIA).

December 6, 2016
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