The US Energy Information Administration (EIA) forecast in a report that the consumption of natural gas in the country will average 84.1 billion cubic feet per day (Bcf/d) in 2022, up 1 per cent from 2021.
In its April’s Short-Term Energy Outlook (STEO), EIA said the increase is a result of colder forecast temperatures in 2022 compared with 2021, which results in more consumption in the residential and commercial sectors.
In addition, the US industrial sector will consume more natural gas in 2022 in response to expanding economic activity, said the report in its monthly forecast.
The US natural gas consumption will average 84.7 Bcf/d in 2023, the report forecast.