EIA: US natgas production to reach record highs in 2026 while demand declines
The U.S. Energy Information Administration said Tuesday that the U.S. Natural Gas output will reach a record high by 2026 while demand is expected to decline.
EIA predicted dry gas production would rise from a record of 107.4 billion cubic feet per day (bcfd) in 2025, to 108.8 in 2026, and 109.7 in?2027.
The agency also predicted that domestic gas consumption would decline from an all-time high of?91.5 billion cubic feet per day (bcfd) in 2025, to 90.3, bcfd by 2026, and then 90.9 bcfd by 2027.
The EIA's January 2026 projections were higher than the December forecast of 90.8 bcfd but lower than their production forecast?of 109.1bcfd.
The agency forecast that average U.S. LNG exports will rise to 16.4 Bcfd by 2026, and 18.1 Bcfd by 2027. This is up from 15.0 bcfd at a record high in 2025.
The EIA predicted that U.S. coal output would fall from 532.9 millions short tons in 2020 to?512.3 in 2026 to the lowest level since 1964 and to 496.9 in 2027 to the lowest level since 1963.
EIA predicted that carbon dioxide emissions would "decline" from a high of 4,903 billion metric tonnes in 2025, to a low of 4,796 billion metric ton in 2026, as oil, coal, and gas consumption decreases. Then, they will rise to 4.803 metric ton in 2027, as oil and natural gas usage increases. (Reporting and Editing by Franklin Paul, Bill Berkrot, and Scott DiSavino)
(source: Reuters)
