EIA expects that natural gas consumption, which averaged 69.7 Bcf/d in 2012, will average 70.0 Bcf/d and 69.6 Bcf/d in 2013 and 2014, respectively. Colder winter temperatures forecast for 2013 and 2014 (compared with the record-warm temperatures in 2012) are expected to increase the amount of natural gas used for residential and commercial space heating. However, the projected year-over-year increases in natural gas prices contribute to declines in natural gas used for electric power generation from 25.0 Bcf/d in 2012 to 22.5 Bcf/d in 2013 and 22.1 Bcf/d in 2014, although these forecast levels are still high by historical standards.
U.S. natural gas prices expected to fluctuate between seasons
- WTO again sides with Canada, Mexico on US COOL law
- Commentary: A beef with yogurt
- Rabobank projects substantial growth in Brazil feedlot sector
- BVD control: Segmented U.S.production system presents challenges
- Grazing conference to help producers learn to improve land
- Eating certain fats might offset some heart risk from weight gain