EIA releases October Natural Gas Monthly

In August 2016, for the sixth consecutive month, dry natural gas production decreased year to year from the same month in 2015. Preliminary dry natural gas production for August 2016 was 2239 billion ft³, or 72.2 billion ft³/d. This was a 2.0 billion ft³/d (2.7%) decrease from the August 2015 level of 74.3 billion ft³/d.

Preliminary dry natural gas consumption for August 2016 was 2225 billion ft³, or 71.8 billion ft³/d. This was an increase of 8.0%, or 5.3 billion ft³/d, from the 2061 billion ft³ consumed in August 2015.

Year over year total consumption of dry natural gas in August increased in three of the four consuming sectors, with the exception being residential deliveries, which decreased year to year. Deliveries of natural gas by consuming sector in August 2016 were as follows:

• Residential deliveries in August 2016 were 101.7 billion ft³, or 3.28 billion ft³/d, down 1.1% from 3.32 billion ft³/d in August 2015.
• Commercial deliveries were 139 billion ft³, or 4.5 billion ft³/d, up 3.0% from 4.4 billion ft³/d in August 2015.
• Industrial deliveries were 633 billion ft³, or 20.4 billion ft³/d, up 5.3% from 19.4 billion ft³/d in August 2015. Industrial deliveries were the highest for the month since EIA began tracking them in 2001.
• Electric power deliveries were 1162 billion ft³, or 37.5 billion ft³/d, up 12.3% from 33.4 billion ft³/d in August 2015. Electric power deliveries were the highest for any month since EIA began tracking them in 2001.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/01112016/eia-releases-october-natural-gas-monthly/