The U.S. Energy Information Administration has recently released their natural gas monthly statistics for January 2019. In this article, we will briefly review their consumption and exports figures, then look at our estimates for February and March and conclude with our forecast for April, May, and June.
January Overview
Aggregate demand (national consumption + exports) for American natural gas increased by 3.82% y-o-y in January 2019 to 120.95 bcf/d. Consumption rose by 2.31% y-o-y to 109.25 bcf/d, while exports surged by 20.52% y-o-y to 11.70 bcf/d, setting a new monthly record.
Natural gas consumption for