2023 was a record year for natural gas consumption: Reports

(The Center Square) – Last year was a record year for domestic natural gas consumption, and its supply wouldn’t have been possible without record U.S. production, led by Texas, according to several reports.

Texas produced the equivalent of one-third of the natural gas consumed last year, with Texas producers breaking multiple records last year, The Center Square reported.

In 2023, Americans consumed 89.1 billion cubic feet per day (Bcf/d) of natural gas as a primary energy source. Natural gas was the top energy source powering homes and businesses. Last year’s consumption was “the most on record,” the U.S. Energy Information said in a recent report. Since 2018, domestic natural gas consumption has increased by an average of 4% annually, according to EIA’s analysis.

U.S. natural gas consumption also set annual and monthly records during 2023. Monthly natural gas consumption set new record highs every month from
Read more…

Please follow and like us: