Related Articles
Forward article link
Share PDF with colleagues

Diminishing gas glut

Falling production and higher demand should tighten the US natural gas market in 2017

US gas output tumbled in 2016. The Energy Information Administration (EIA) expected production from the country's seven most prolific regions to fall to 46.95bn cubic feet per day in December. That's down from almost 48.18bn cf/d in February. For all of 2016, the EIA expects total gas output to fall by 1.4bn cf/d, to 77.3bn cf/d. It may at last bring American gas supply's gravity-defying act to an end. In fact, US natural gas production has been contracting since mid-2015-reflecting a decline in conventional production and shale oil-associated output. Associated gas production has dropped in most of the country's crude-rich plays over the past two years, including the Eagle Ford, Bakken and

Also in this section
Spikes and troughs
12 April 2017
Only real supply-side intervention has stopped oil-price volatility. But those days are gone, argues Bob McNally's new book
More boom, more bust for oil
12 April 2017
The industry's history suggests that Opec’s latest efforts to stabilise the oil price will not be successful
As good as it gets for Opec
20 March 2017
Compliance with the Opec deal is defying the group's sceptics. How long can it last?