Sunday, May 22, 2016 11:59:01 AM
In its natural gas weekly update, the EIA reported that total natural consumption increased by 2% for the week ending May 18, 2016—compared to the previous week. In its monthly Short-Term Energy Outlook report, the EIA estimated that US natural gas consumption could average 76.5 Bcf per day and 77.4 Bcf per day in 2016 and 2017, respectively. The industrial sector and residential segments will drive demand in 2017. New projects coming online in the fertilizer and chemical sectors could also drive demand.
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