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Natural gas

U.S. natural gas production and consumption


Dry natural gas production Natural gas consumption
AEO2022 side cases AEO2022 side cases
trillion cubic feet trillion cubic feet
2021 60 2021
60
history projections history projections
High Oil and
50 Gas Supply 50
High Oil Price
Reference
40 Low Oil Price 40

30 Low Oil and 30


Gas Supply
20 20

10 10

0 0
2000 2010 2020 2030 2040 2050 2000 2010 2020 2030 2040 2050

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 2
U.S. natural gas production and prices
U.S. dry natural gas production Natural gas spot price at Henry Hub
AEO2022 oil and gas supply cases AEO2022 side cases
trillion cubic feet 2021 dollars per million British thermal unit
2021 2021
60 $12
history projections High Oil and history projections
50 Gas Supply
$10
Reference
40 $8
Low Oil and
30 Low Oil and $6 Gas Supply
Gas Supply High Oil Price
Reference
20 $4 Low Oil Price
High Oil and
10 $2 Gas Supply

0 $0
2000 2010 2020 2030 2040 2050 2000 2010 2020 2030 2040 2050

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 3
U.S. dry natural gas production
Dry natural gas production, AEO2022 oil and natural gas supply cases
Reference case Low Oil and Gas Supply case High Oil and Gas Supply case
trillion cubic feet trillion cubic feet trillion cubic feet
2021 2021 60 2021
60 60
history projections history projections history projections
50 50 50

40 40 40
tight &
30 shale gas 30 30
other Lower
20 48 states 20 20
onshore
Lower 48
10 states 10 10
offshore
0 other 0 0
2000 2010 2020 2030 2040 2050 2000 2010 2020 2030 2040 2050 2000 2010 2020 2030 2040 2050
Note: Tight and shale gas includes tight gas, shale gas, and natural gas from tight oil formations.

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 4
U.S. production of natural gas from shale resources by region
Dry natural gas production from shale resources, AEO2022 oil price cases
Reference case Low Oil Price case High Oil Price case
trillion cubic feet trillion cubic feet trillion cubic feet
2021 2021 2021
50 50 50
history projections history projections history projections

40 40 40

30 30 30 Southwest
Southwest
Southwest
20 East 20 20
East East

10 10 10
Gulf Coast
Gulf Coast Gulf Coast
rest of United States 0 rest of United States rest of United States
0 0
2010 2020 2030 2040 2050 2010 2020 2030 2040 2050 2010 2020 2030 2040 2050
Note: Shale resources includes natural gas production from tight oil formations and excludes natural gas from tight gas
formations.

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 5
U.S. production of natural gas from oil formations
Dry natural gas production from oil formations, AEO2022 oil and gas supply cases
Reference case Low Oil and Gas Supply case High Oil and Gas Supply case
trillion cubic feet trillion cubic feet trillion cubic feet
2021 12 2021 12 2021
12
history projections history projections history projections
10 10 10

8 8 8
Southwest
6 6 6
Southwest
4 4 4 Gulf Coast
Southwest
Gulf Coast
2 2 Gulf Coast 2
other
other
other
0 0 0
2010 2020 2030 2040 2050 2010 2020 2030 2040 2050 2010 2020 2030 2040 2050

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 6
U.S. natural gas production from shale resources
Dry natural gas production by selected shale play
trillion cubic feet
2021
40 Antrim
history projections
Fayetteville
Barnett
Woodford
30 Eagle Ford
Haynesville/Bossier

Other
20

Utica
10
Marcellus

0
2000 2010 2020 2030 2040 2050
Note: Other includes natural gas production from other tight oil formations.

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 7
U.S. natural gas consumption by sector
Natural gas consumption
AEO2022 Reference case
trillion cubic feet
2021
40
history projections
35

30
electric power
25
commercial
20 residential
transportation
15 industrial
liquefaction
10
lease and plant
5 other

0
2000 2010 2020 2030 2040 2050

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 8
U.S. natural gas disposition by sector
Natural gas disposition and net exports Change in natural gas disposition and net exports
AEO2022 Reference case AEO2022 Reference case
trillion cubic feet relative to 2021 in trillion cubic feet
40 9
net exports
35
30 6 net exports
electric power
25
electric power
20 commercial 3 commercial
residential transportation
15 transportation industrial
residential
10 0
industrial
5
0 -3
2020 2030 2040 2050 2030 2040 2050

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 9
U.S. natural gas and liquefied natural gas (LNG) trade
Natural gas trade, AEO2022 oil and natural gas supply cases
Reference case Low Oil and Gas Supply case High Oil and Gas Supply case
trillion cubic feet trillion cubic feet trillion cubic feet billion cubic feet per day

15 15 41.1 15

10 LNG exports 10 27.4 10


net exports

5 pipeline exports 5 13.7 5


to Mexico
pipeline exports
to Canada
0 pipeline imports
0 0.0 0
from Canada
LNG imports

-5 -5 -13.7 -5
2020 2030 2040 2050 2020 2030 2040 2050 2020 2030 2040 2050

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 10
U.S. liquefied natural gas (LNG) exports and oil and natural gas
prices
LNG exports Ratio of Brent crude oil price to natural gas price
AEO2022 supply and price cases at Henry Hub, AEO2022 supply and price cases
trillion cubic feet energy-equivalent terms
15 2021 15 2021
history projections history projections

High Oil High Oil


10 Price 10 Price
High Oil High Oil
and Gas and Gas
Supply Supply
Reference Reference
5 5
Low Oil Low Oil
Price Price
Low Oil Low Oil
and Gas and Gas
0 Supply 0 Supply
2000 2010 2020 2030 2040 2050 2000 2010 2020 2030 2040 2050

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 11
U.S. liquefied natural gas exports and export capacity
Liquefied natural gas (LNG) exports and capacity
AEO2022 Reference case
trillion cubic feet
2021
7
history projections
6

5 current/under construction U.S.


LNG export capacity as of 2021
4

0
2010 2020 2030 2040 2050

Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) www.eia.gov/aeo 12

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