EIA report details natural gas production and consumption

 

With data through March 2017, the US Energy Information Administration (EIA) has released its May Natural Gas Monthly report. Key findings include:

• In March 2017, for the 13th consecutive month, dry natural gas production decreased year-to-year from the same month a year ago. The preliminary level for dry natural gas production in March 2017 was 2,219 billion cubic feet (Bcf), or 71.6 Bcfd. This level was a 1.8 Bcfd (2.4%) decrease from the March 2016 level of 73.4 Bcfd.
• The estimated natural gas consumption level in March 2017 was 2,505 Bcf, or 80.8 Bcfd. This level was an increase of 6.2%, or 4.7 Bcfd, from the 2,359 Bcf consumed in March 2016.
• Year-over-year total consumption of dry natural gas in March 2017 increased in three of the four consuming sectors, with the exception being electric power deliveries, which decreased year-over-year. Deliveries of natural gas by consuming sector in March 2017 were as follows:
  • Residential deliveries in March 2017 were 582 Bcf, or 18.8 Bcfde, up 26.8% from 14.8 Bcfd in March 2016.
  • Commercial deliveries were 370 Bcf, or 11.9 Bcfd, up 23.3% from 9.7 Bcfd in March 2016.
  • Industrial deliveries were 689 Bcf, or 22.2 Bcfd, up 4.1% from 21.4 Bcfd in March 2016. Industrial deliveries were the highest for March since the EIA began tracking them in 2001.
  • Electric power deliveries were 667 Bcf, or 21.5 Bcfd, down 10.2% from 24.0 Bcfd in March 2016. Electric power deliveries were the lowest for March since 2014.

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