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EIA Forecasts Record US Consumption in 2022

NATGAS

EIA forecasts record US natural gas consumption in 2022

  • The September STEO forecasts the US natural gas consumption to increase by 3.6Bcf/d during 2022 to average 86.6 Bcf/d.
  • The increase is seen in all end-use sectors with the power sector up 4% to 32.1bcf.d.
  • They expect natural gas consumption in the power sector to decrease during Q4 2022 and 2023 on increased renewables but see an increase in the residential, commercial, and industrial sectors.

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