The US Energy Information Administration Jan. 12 raised its natural gas consumption forecasts for the first two quarters of 2021, even as it continued to predict rising gas prices will help drive consumption declines for the fuel source through 2022. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The agency, in its January Short-Term Energy Outlook, raised its gas consumption estimates by 1.3 Bcf/d to 97.86 Bcf/d for Q1, and by 1.54 Bcf/d to 65.84 Bcf/d for Q2. But the overall trend is for declines; after averaging 83.06 Bcf/d in 2020, US gas consumption is expected to drop to 80.73 Bcf/d on average in 2021 and 79.03 Bcf/d in 2022, the EIA outlook said. In a statement accompanying the report, EIA Administrator Linda Capuano […]