The U.S. Energy Information Administration has recently released their natural gas monthly statistics for April 2020. In this article, we will briefly review their consumption and exports figures, then look at our estimates for May and June, and conclude with our latest forecast for July, August, and September.
January Overview
Aggregate natural gas demand (consumption + exports) in contiguous United States increased by 5.0% y-o-y from 2,535.1 bcf (or 84.50 bcf/d) in April 2019 to 2,662.6 bcf (or 88.75 bcf/d) in April 2020. Total energy demand (measured in total degree-days or TDDs) was up more