29 March 2024
Record rise in US natural gas production – EIA
Publication date: 11 January 2012
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Total marketed US gas production grew by an estimated 4.5 Bcf/d in 2011, a 7.4% rise, the largest recorded year-on-year increase by volume, the US Energy Information Administration (EIA) said on Tuesday. Growth was driven by the increase in shale gas output. The EIA expects production to grow by a further 1.4 Bcf/d (2.2%) in 2012 and 0.7 Bcf/d (1%) in 2013, “as low prices reduce new drilling plans and consumption grows at a measured pace”.