The U.S. Energy Information Administration has recently released their natural gas monthly statistics for June 2019. In this article, we will briefly review their consumption and exports figures, then look at our estimates for July and August, and conclude with our latest forecast for September, October, and November.
June Overview
Aggregate demand (national consumption + exports) for American natural gas increased by 6.30% y-o-y in June 2019 to 81.96 bcf/d. Consumption edged up by only 2.40% y-o-y to 69.98 bcf/d due to cooler weather. However, exports surged by as much as 37.20% y-o-y to 11.98