KOLD - February 2019: Natural Gas Demand Overview And Forecast
The U.S. Energy Information Administration has recently released their natural gas monthly statistics for November 2018. In this article, we will briefly review their consumption and exports figures, then look at our estimates for December and January and conclude with our forecast for February, March, and April.
November Overview
Aggregate demand (national consumption + exports) for American natural gas increased by 14.2% y-o-y in November 2018 to 100.49 bcf/d. Consumption jumped by 13.90% y-o-y to 89.27 bcf/d, while exports surged by 16.68% y-o-y to 11.21 bcf/d, setting a new monthly record.
Natural gas consumption for