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.
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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
Marcellus, Utica Helped Push U.S. NatGas Production To Record High in 2015, EIA Says
U.S. natural gas production reached a record high in 2015 for the fifth consecutive year, and U.S. consumption levels set a new record for the sixth consecutive year, the Energy Information Administration (EIA) said Friday.
October 3, 2016
Total CO2 From NatGas to Surpass Coal in 2016, EIA Says
As natural gas continues to surge higher in its share of the power stack in 2016, the fuel is also expected to generate more carbon dioxide (CO2) emissions than rival coal for the first time since 1972, according to the Energy Information Administration (EIA).
August 17, 2016
First Quarter NatGas Consumption Down From Year Ago, But Power Sector Demand Climbs
Through the first three months of 2016, natural gas consumption in the power sector increased year/year, while residential and commercial consumption was down, according to the Energy Information Administration’s (EIA) latest Monthly Energy Review(MER).
June 27, 2016
U.S. NatGas, Oil Resources Lead ‘Age of Plenty,’ Says BP
World natural gas production grew last year but across every region — led by North America — prices slumped, with Henry Hub at its lowest level since 1999, as the continued surge in output swamped anemic demand, BP plc said Wednesday.
June 8, 2016
NatGas Production Up 5.8% in February, Consumption Down, EIA Says
Less natural gas was used in the United States in February than in the second month of 2015, while production was up, according to the Energy Information Administration (EIA).
May 25, 2016
World Energy Use to Increase 48% by 2040, EIA Says; NatGas, Renewables Fight For Market Share
World energy consumption will increase by 48% over the next three decades, with natural gas remaining a dominant source of that energy, but renewables will be the fastest-growing, the Energy Information Administration (EIA) said Wednesday.
May 11, 2016
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