EIA Predicts U.S. Natural Gas Consumption Declines This Yr & Next
Here's a paradox for you that we can't explain. Last week we reported the latest U.S. Energy Information Administration (EIA) Short-Term Energy Outlook (STEO) predicts natural gas production in the U.S. will hit an all-time high in 2022 (see U.S. NatGas Production in 2022 Forecast to Hit All-Time High). And yet, the same EIA came out with a prediction late last week that natural gas consumption here in the U.S. is declining and will continue to decline in 2022. How does that square?
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