Friday, February 1, 2019
As expected, U.S. home and businesses consumed record amounts of natural gas for heating on Wednesday as temperatures dropped and an Arctic-like freeze blanked the eastern half of the country, according to Reuters.
Gas demand in the Lower 48 states jumped to a preliminary record high of 145.1 billion cubic feet per day on Wednesday, topping the current all-time high of 144.6 bcfd set on Jan. 1, 2018.
Simultaneously, gas production was projected to fall to a four-month low of 84.9 bcfd yesterday due primarily to freeze-offs in the Marcellus and Utica, the nation’s biggest shale gas-producing region in Pennsylvania, Ohio and West Virginia.
Learn more: Reuters > U.S. natgas use hits record during freeze; utilities urge conservation
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