External demand remained elevated, mostly due to stronger pipeline exports into Mexico and robust sales of liquefied natural gas (LNG), which increased by 13.05% and 76.90% y-o-y, respectively. Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government Key natural gas data for prices, exploration & reserves, production, imports, exports, storage and consumption by U.S. and state. (Annual Report of Natural and Supplemental Gas Supply and Disposition) Annual; Monthly Crude Oil and Natural Gas Summary. Working gas in storage was 3,019 Bcf as of Friday, September 6, 2019, according to EIA estimates. This represents a net increase of 78 Bcf from the previous week. Stocks were 393 Bcf higher than last year at this time and 77 Bcf below the five-year average of 3,096 Bcf. At 3,019 Bcf, total working gas is within The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook (STEO), released on January 14, forecasts the United States to remain a net exporter of natural gas through 2021. Net natural gas exports are forecast to average 7.3 billion cubic feet per day (Bcf/d) in 2020 and 8.9 Bcf/d in 2021, a 3.6 Bcf/d increase from 2019. Working gas in storage was 2,043 Bcf as of Friday, March 6, 2020, according to EIA estimates. This represents a net decrease of 48 Bcf from the previous week. Stocks were 796 Bcf higher than last year at this time and 227 Bcf above the five-year average of 1,816 Bcf. At 2,043 Bcf, total working gas is within the five-year historical range.
The EIA Natural Gas Report provides a current reading on the law of supply and demand as it applies to natural gas reserves, just as it does with any other commodity. When reserves are low, prices increase and vice versa. Therefore, investors use reserve reports as a means of anticipating price movements.
International trade, supported by the strong growth in liquefied natural gas Gas 2019 explores changes underway for gas supply and demand, and other EIA expects natural gas production and exports to continue increasing in most scenarios tags: AEO LNG exports/imports production/supply Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years Strong growth in natural gas production is the primary contributor to rapid NGPL production growth. Natural gas demand gas been rising rapidly in the United States, and domestic consumption and exports have set new records. Because most raw natural gas does not meet quality requirements for end-use markets, more than 60% of the natural gas produced must be processed at natural gas processing plants. EIA forecasts that prices will begin to rise in the second quarter of 2020 as U.S. natural gas production declines and natural gas use for power generation increases the demand for natural gas. EIA expects prices to average $2.22/MMBtu in the third quarter of 2020. EIA forecasts that Henry Hub natural gas spot prices will average $2.11/MMBtu in 2020.
Natural gas exports were the highest for any month since EIA began tracking monthly exports in 1973. In February and in March, total supply will be growing slower (on an annualized basis) than
Feb 13, 2020 The amount of natural gas in US storage facilities fell by 115 Bcf to 2.494 Tcf less than the five-year average draw of 131 Bcf, according to EIA data. A forecast by Platts Analytics' supply and demand model expects a 118 The Energy Information Administration (EIA) Natural Gas Storage report is less than expected, it implies greater demand and is bullish for natural gas prices. Stay Ahead of Natural Gas Markets with Our Industry Leading Analysis Based industry standard in natural gas data including supply and demand forecasts, Our methodology is proven and consistently match weekly EIA storage numbers. Oct 3, 2019 The EIA reported last week's natural gas inventory data—a rise of The expectations of a rise in demand for the next two weeks might have supported natural gas Based on IHS Markit, the total natural gas supply between
Feb 20, 2020 LNG refers to natural gas that has been cooled down to turn it into a liquid. continued demand growth and reduction in new supply coming on-stream until According to the U.S. Energy Information Administration (EIA), the
Natural gas supply & demand data is released by the EIA on its Weekly Update Page at around 2 pm EDT each Thursday following the release of the Weekly Storage Report at 10:30 AM EDT. Data represents average daily value over the course of the storage week. While all elements of supply and demand are plotted here, The Energy Information Administration, in its Annual Energy Outlook 2011, projects that natural gas demand in the United States could be 26.55 trillion cubic feet (Tcf) by the year 2035. That is an increase of 16 percent over 2009 demand levels. Another example of demand outpacing supply comes from recent natural gas storage inventory reports. For instance, storage inventories reported by the EIA reached a record level of 4,047 Bcf for the week ending November 11, 2016. Despite having one of the top five warmest winters in history,
The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook (STEO), released on January 14, forecasts the United States to remain a net exporter of natural gas through 2021. Net natural gas exports are forecast to average 7.3 billion cubic feet per day (Bcf/d) in 2020 and 8.9 Bcf/d in 2021, a 3.6 Bcf/d increase from 2019.
Feb 11, 2019 EIA forecasts production of natural gas to leap 60% out to 2050, from 27.2 Production increases will help feed greater demand for gas in the Feb 6, 2019 Bolster clean energy strategy to reduce demand for natural gas. • President López US Pipeline Natural Gas Exports to Mexico (2018-2050) – EIA/AEO 2019 significant competing demand upon the US natural gas supply. Jul 29, 2019 EIA: U.S. LNG exports to Europe increase amid declining demand, spot and Asian spot natural gas prices led to increased volumes of U.S. LNG exports but they are expected to grow as new LNG supply comes online and Oct 29, 2019 Arkansas Transportation Report; Compass Report; The Supply Side U.S. net natural gas exports have more than doubled to an average of 4.1 in 2018, according to the U.S. Energy Information Administration (EIA). transported natural gas from the U.S. Permian Basin to demand centers in Mexico. Aug 7, 2018 We store natural gas during periods when demand is low (for example, by U.S. law to report the gas they have in storage on a weekly basis to the EIA. a clear picture of the factors affecting natural gas supply and demand. Oct 4, 2018 Natural gas consumption and exports averaged 93.4 billion cubic feet per day ( Bcf/d) during the first half of 2018, or 12% greater than during the Jul 18, 2019 EIA Natural Gas Storage Report as Weather and LNG Effect. Natural Gas Import Watch; Natural Gas Demand Watch; Nuke Watch; Natural Gas “From the supply side of the equation, Texas production added 2 Bcf to the
Natural gas supply/demand balance is manifested in storage levels--past, present, Includes observed EIA data, intraday estimates, near-term, and long- term Apr 15, 2019 The growth in demand for natural gas could flatline by 2030, even as the for US natural gas from domestic sources and exports, along with supply, will estimate by the US Energy Information Administration (EIA), dry-gas Feb 11, 2019 EIA forecasts production of natural gas to leap 60% out to 2050, from 27.2 Production increases will help feed greater demand for gas in the Feb 6, 2019 Bolster clean energy strategy to reduce demand for natural gas. • President López US Pipeline Natural Gas Exports to Mexico (2018-2050) – EIA/AEO 2019 significant competing demand upon the US natural gas supply.