The US Energy Information Administration July 7 again lowered its estimates for natural gas marketed production for the rest of 2020, pointing to low gas and oil prices and production curtailments, but it anticipated a pickup in production toward the second half of 2021, as prices rebound. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The agency, in its July Short-Term Energy Outlook, lowered by 830 MMcf/d to 94.15 Bcf/d its gas marketed production estimate for the US in the third quarter of 2020, and trimmed Q4 estimates as well by 390 MMcf/d to 92.16 Bcf/d. “EIA forecasts that US natural gas production will decline 3% in 2020 as a result of decreased drilling activity and production curtailments caused […]