Agency: U.S. natural gas supply and demand in growth mode
Both U.S. natural gas supply and demand grew significantly in the first half of 2018 compared to year-ago levels, the U.S. Energy Information Administration said on Thursday.
Natural gas consumption and exports averaged 93.2 billion cubic feet per day during the first half of 2018 -- 12 percent greater than during the first half of 2017, according to the EIA’s Natural Gas Monthly.
Total supply of U.S. natural gas, including domestic production, imports and storage withdrawals, averaged 92.6 billion cubic feet per day during the first half of 2018 -- a 12 percent increase from the first half of 2017.
Much of the natural gas production increases were driven by activity in the Appalachian region, including the Utica and Marcellus Shale plays in Pennsylvania, the EIA said.
Total U.S. dry natural gas production rose 7.4 billion cubic feet per day, or 10 percent, compared to the same period last year. The additional pipeline capacity brought into service since June 2017 has enabled production increases, including the Leach XPress, the Rover Pipeline, and Phase 1 of Atlantic Sunrise, all of which transport natural gas out of the Northeast, the EIA said.