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U.S. natural gas consumption to decline through 2022, led by the electric power sector

From eia.gov

In EIA’s September Short-Term Energy Outlook, we expect U.S. consumption of natural gas to decline in 2021 and 2022 from 2020 levels. We forecast that consumption of natural gas will decline in all end-use sectors in the United States except in the industrial sector and for other non-sector-specific uses (lease and plant fuel, pipeline and distribution use, and vehicle use). The largest decline will occur in the electric power sector. We expect total U.S. consumption of natural gas to average 82.5 billion cubic feet per day (Bcf/d) in 2021, down 0.7 Bcf/d from 2020. We expect U.S. natural gas consumption in 2022 to ... (full story)

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  • Category: Fundamental Analysis