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US Industry Metrics

Adrienne Blume, Managing Editor
1/1/2019

A. Blume, Editor

As of mid-January, forecasts for cold weather were supporting gas demand and prices in the US Northeast. Gas plant production of NGL, LPG, ethane and propane was still hovering near yearly highs as of October 2018, according to the latest reported data from the EIA. Meanwhile, US LNG exports in December 2018 set a record of 36 exported cargoes, after Train 5 at Sabine Pass and Train 1 at Corpus Christi began producing LNG and shipped their first cargoes. At present, seven LNG trains are operating in the US (five trains at Sabine Pass, one at Cove Point and one at Corpus Christi). Three more liquefaction projects are expected to enter service in 2019. GP

 

GP0219 Metrics Fig 01

US gas production (Bft3d) and prices ($/thousand ft3)

 

GP0219 Metrics Fig 02
US natural gas spot prices at Henry Hub and NGL spot prices at Mont Belvieu, $/MMBtu

 

GP0219 Metrics Fig 03

US natural gas plant field production of NGL, LPG, ethane/ethylene and propane/propylene, Mbpd

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