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The EIA expect U.S. consumption of natural gas to fall 0.9% from 2020 in part from higher natural gas prices seeing electric power generators switch to coal. They expect U.S. natural gas consumption in 2022 mostly unchanged from 2021 in their September 2021 Short-Term Energy Outlook (STEO).

Sept 21 STEO Consumption

Natural Gas Production Forecast

  • EIA expect that U.S. consumption of natural gas will average 82.5 (Bcf/d) in 2021, down 0.9% from 2020.
  • U.S. natural gas consumption declines in 2021, in part, because electric power generators switch to coal from natural gas as a result of higher natural gas prices.
  • In 2021, EIA expect residential and commercial natural gas consumption combined will rise by 1.2 Bcf/d from 2020
  • Expect industrial consumption will rise by 0.6 Bcf/d from 2020.
  • Rising natural gas consumption in sectors other than the electric power sector results from expanding economic activity and colder winter temperatures in 2021 compared with 2020.
  • EIA expect U.S. natural gas consumption will average 82.6 Bcf/d in 2022, mostly unchanged from 2021.

Source: EIA

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