U.S. electricity consumption is forecast to decline this year and only marginally increase in 2024, but natural gas consumption gains may be seen amid rising industrial demand. Regulatory action also could be stymied, according to industry advocates.

consumption

The American Gas Association (AGA) pointed out the positives on Thursday. Incoming Chair Suzanne Sitherwood, who is CEO of Spire Inc. in St. Louis, outlined her vision. She was joined by AGA CEO Karen Harbert.

“What the natural gas industry does reaches far beyond the pipe in the ground,” Sitherwood said. “The homes and businesses – and the communities – we serve are the heart of this industry.

“Nearly 187 million Americans use natural gas because it is affordable, reliable, safe and essential to achieving a cleaner...