Latest STEO: U.S. NatGas Production to Hit Record High in 2022

Each month the U.S. Energy Information Administration (EIA) issues a Short-Term Energy Outlook (STEO). In the latest STEO update for December, released last week, EIA predicts that U.S. dry natural gas production will increase from 95.1 billion cubic feet per day (Bcf/d) in October 2021 to 97.5 Bcf/d by December 2022, a new all-time record high. The previous monthly record of 97.2 Bcf/d was set in November 2019.

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