The US' natural gas consumption is expected to fall this year due to reduced economic activity and mild temperatures, according to a statement by the Energy Information Administration (EIA) on Tuesday.
Domestic consumption of natural gas in the US this year is estimated to decrease by 3.4 billion cubic feet (96.3 million cubic meters) per day, compared to 2019.
The majority of the decline is anticipated to come from industrial natural gas consumption, which is forecast to fall by 1.6 billion cubic feet (45.3 million cubic meters) per day year-over-year.
'EIA forecasts lower overall US consumption in 2020 because of reduced economic activity related to the impact of the 2019 novel coronavirus disease (COVID-19) and milder-than-normal temperatures in the first quarter of 2020 that reduced demand for space heating in buildings,' the statement said.
The administration said it anticipates natural gas consumption in the US residential and commercial sectors will decrease by 3.7% and 6.9%, respectively, year-over-year.
By Ovunc Kutlu