EIA: US Marketed Natural Gas Production Hits Record in June
US Energy Information Administration Administrator Adam Sieminski issued the following comments on EIA’s latest Short-Term Energy Outlook.
“US natural gas production is expected to increase 5.3 percent this year. US marketed natural gas production in June was a record 74.5 billion cubic feet per day. US natural gas production has shown very strong growth in 2014, and recent output increases are supporting strong gas injections into storage and record monthly natural gas exports to Mexico.”
For electricity/renewables, Sieminski said, “US power generators added 40 percent less capacity during the first half of 2014 than they did during the same period last year. Just over half the new capacity is fueled by natural gas and slightly less than half runs on renewable energy sources. So far this year, the US power industry has added 675 megawatts of new wind power capacity. Wind power additions are expected to increase later this year to a total of about 5.6 gigawatts of new generating capacity for the year, four times the amount in 2013.”
In an EIA report about electricity, the agency said relatively modest economic growth compared with last year has led to slower growth in electricity sales to the commercial sector. US commercial electricity sales are expected to average 0.9 percent higher in 2014 than sales last year and then grow by 0.4 percent in 2015. EIA expects US industrial electricity sales to remain flat during 2014 and grow by 2.2 percent in 2015 after two years of declines.
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