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US natural gas output, demand seen rising to record highs in 2019

Published July 9, 2019 Updated July 9, 2019 07:21pm
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By Fawad MaqsoodReuters
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US dry natural gas production will rise to an all-time high of 91.35 billion cubic feet per day (bcfd) in 2019 from a record high of 83.39 bcfd last year, the Energy Information Administration's Short Term Energy Outlook (STEO) said on Tuesday.

The latest July output projection for 2019 was up from EIA's 90.60 bcfd forecast in June.

EIA also projected US gas consumption would rise to an all-time high of 84.59 bcfd in 2019, from a record high 82.07 bcfd a year ago.

The 2019 demand projection in the July STEO report was up from EIA's 84.17 bcfd forecast for the year in June.

Copyright Reuters, 2019

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