US Natural Gas Production to Reach All-time High in 2022: Report

The EIA also projected gas consumption would slide from 82.96 Bcf/d in 2021 to 82.77 Bcf/d in 2022 before rising to 82.84 Bcf/d in 2023. That compares with a record 85.29 Bcf/d in 2019.

Reuters

U.S. natural gas production will rise to an all-time high in 2022, the U.S. Energy Information Administration (EIA) said in its Short-term Energy Outlook (STEO) on Jan. 12.

EIA projected dry gas production will rise to 96.04 Bcf/d in 2022 and 97.55 Bcf/d in 2023 from the current record of 93.51 Bcf/d in 2021.

The agency also projected gas consumption would slide from 82.96 Bcf/d in 2021 to 82.77 Bcf/d in 2022 before rising to 82.84 Bcf/d in 2023. That compares with a record 85.29 Bcf/d in 2019.

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