The US Energy Information Administration boosted its estimates for total US natural gas production in 2023 and 2024, citing growth in Permian Basin-associated gas drilling tempered by softer gas-directed drilling. The agency, in its August Short-Term Energy Outlook, also trimmed Henry Hub spot gas...
Next year's growth could be slower than recent years. Major production fields in both countries are inhibited by a lack of pipelines to move gas to key markets, including export terminals in the U.S. Gulf. Canada is in the midst of building a large terminal to export LNG, but its co...
A hurricane in the GOM could potentially decrease natural gas production, the EIA said. However, recent hurricanes have had a limited effect on the overall U.S. natural gas supply due to the continual decline in GOM gas production. "The GOM provided less than 2% of total U.S. marketed na...
First, the U.S. is benefiting from a resurgence in shale oil and gas production thanks to advanced fracking technology. Disrupted during the COVID-19 pandemic, U.S. oil and natural gas production has now hit record highs (Figure 2). It might be surprising to some that the U.S. is no...
The indexes for mining and utilities, which account for 14pc and 11pc of total industrial output, climbed by 1.8pc and 2.1pc, respectively. Natural gas output was up by 6.2pc on the month. Total industrial production was up by 0.5pc in December from a year earlier. ...
At the end of Q3 2024, US crude oil production rose to 13.3 million barrels per day, up 0.1 million barrels per day from Q2 2024.Energy and resources trends Oil and gas In the US Energy Information Administration’s October 2024 Short Term Energy Outlook report, US natural gas prices ...
Tech. 70, 765–782 (2024). US Environmental Protection Agency. State GHG Emissions and Removals; www.epa.gov/ghgemissions/state-ghg-emissions-and-removals (2022). Omara, M. et al. Methane emissions from US low production oil and natural gas well sites. Nat. Commun. 13, 2085 (2022). ...
U.S. LNG exports increased in the first half of 2023 after Freeport LNG returned to service in February and ramped up to full production by April. Relatively strong demand for LNG in Europe amid high international natural gas prices supported increased U.S. LNG exports during the year. U.S...
Your guide to what the 2024 US election means for Washington and the world The largest US natural gas producer has lambasted a “war on infrastructure” that risks sparking a Europe-style energy crisis in parts of the US, days after the latest delay to a new pipeline fast-tracked for appro...
EIA anticipates production climbing to a peak in 2027 at 14.5mn b/d and then gradually declining through the end of the forecast in 2050. US natural gas production is expected to increase to 100 Bcf/d by 2025 and 108 Bcf/d by 2030,up from an average of 88 Bcf/d this year. More ...