EIA: U.S. Gas Supply, Demand Up ‘Significantly’ In Early 2018

U.S. natural gas supply and demand grew significantly in the first half of 2018 compared to the first half of 2017, according to the U.S. Energy Information Agency’s (EIA) Natural Gas Monthly.

Natural gas consumption and exports averaged 93.4 billion cubic feet per day (Bcf/d) during the first half of 2018, or 12% greater than during the first half of 2017. Total supply of U.S. natural gas, including domestic production, imports, and storage withdrawals, averaged 93.3 Bcf/d during the first half of 2018, a 12% increase from the first half of 2017.

The increase in U.S. natural gas supply was driven by production, especially from the Appalachian region. Total U.S. dry natural gas production rose 7.4 Bcf/d (10%) compared to the same period last year. The additional pipeline capacity brought into service since June 2017 has enabled production increases, according to the report

Domestic natural gas consumption in the first half of 2018 increased in all sectors compared with year-ago levels. The largest growth occurred in the residential and commercial sectors, which increased by 3.8 Bcf/d (16%) combined, compared to the first half of 2017. Residential and commercial consumption is primarily related to heating needs, and the beginning of 2018 experienced record, prolonged cold temperatures across many of the Lower 48 states. Population-weighted heating degree days, a temperature-based proxy for heating demand, were 17% higher in the United States during the first half of 2018 than in the first half of 2017.

Related Articles

Burckhardt Releases New Line Of Compressors
Cooper Buys Hoerbiger’s Engine Legacy Solutions
Cooper Acquires Sinor Engine
Voith Eyes ELIN Motoren Acquisition
Big Shale Cutbacks By Chevron
Construction Begins On Elliott Group’s New Facility
L.A. Turbine Commissions First Ares AMB In Bakken
Service Compression Sells Three Texas Companies

Latest News

New Oil For Stationary Gas Engines
Detechtion Releases Enbase Asset Monitor
Wood Signs Extension With Saudi Aramco Subsidiary
COMPRESSORTECH2 – January 2020
No Good News On ’20 Gas Prices: EIA
Cooper Adds Mathews As VP Of Engineering
Paris New Engineering VP At EMIT
Timken Expands Philadelphia Gear Facility
GMC Issues Call For Papers for 2020 Conference

Log In

Forgotten Password?

Haven’t got an account? Click here to register.