Natural gas

U.S. dry natural gas production and consumption

U.S. dry natural gas production U.S. natural gas consumption
AEO2021 side cases AEO2021 side cases
trillion cubic feet trillion cubic feet
2020 2020
60 60
history projections history projections
High Oil and Gas
Supply 50
50 High Oil Price
Reference
40 Low Oil Price 40
Low Oil and Gas
Supply
30 30

20 20

10 10

0 0

Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 2
Natural gas production and prices
U.S. dry natural gas production Natural gas spot price at Henry Hub
AEO2021 oil and gas supply cases AEO2021 oil and gas supply cases
trillion cubic feet 2020 dollars per million British thermal units
2020 2020
60 history projections $12 history projections
Low Oil and Gas
50 $10 Supply
Reference
40 $8 High Oil and Gas
Supply

30 $6
High Oil and Gas
20 Supply $4
Reference
10 Low Oil and Gas $2
Supply
0 $0

Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 3
U.S. dry natural gas production by type
U.S. dry natural gas production by type, AEO2021 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
2020 2020 2020
60 history projections 60 60 history projections
history projections

50 50 50

40 40 40
tight/
30 shale gas 30
30
other Lower
20 48 states 20 20
onshore
10 Lower 48 10 10
states
offshore
0 other 0 0

Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 4
U.S. production of natural gas from shale resources
U.S. dry natural gas production from shale resources by region, AEO2021 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
2020 2020 2020
45 45 45
history projections history projections history projections
40 40 40
35 35 35
30 30 30
Southwest
25 25 25
20 East 20 20
15 15 15
10 Gulf Coast 10 10
5 5 5
0 rest of United States 0 0

Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 5
U.S. production of natural gas from oil formations
U.S. dry natural gas production from oil formations by region, AEO2021 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
14 2020 2020 2020
14 14
history projections history projections history projections
12 12 12

10 10 10

8 8 8

6 Southwest 6 6

4 4 4
Gulf Coast
2 2 2
other
0 0 0

Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 6
U.S. natural gas consumption by sector
Natural gas consumption by sector, AEO2021 Reference case
trillion cubic feet billion cubic feet per day
40 2020 109.6
history projections
35 95.9

30 82.2

25 68.5 electric power

20 54.8 commercial
residential
15 41.1 transportation
industrial
10 27.4 liquefaction
lease and plant
5 13.7 other

0 0.0

Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 7
Change in natural gas disposition by sector and net exports
Natural gas disposition by sector and net exports Change in natural gas disposition and net exports
AEO2021 Reference case AEO2021 Reference case
trillion cubic feet relative to 2020 in trillion cubic feet
45 12
40 10
35
electric power 8 electric power
30 commercial commercial
25
residential 6 transportation
transportation industrial
20 industrial 4 net exports
net exports residential
15 2
10
0
5
0 -2
2020 2030 2040 2050 2020 2030 2040 2050

Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 8
U.S. natural gas and liquefied natural gas (LNG) trade
U.S. natural gas and LNG trade, AEO2021 oil and gas supply cases
High Oil and Gas Supply case
Reference case Low Oil and Gas Supply case billion cubic feet per day
trillion cubic feet Tcf
(Tcf) Tcf (Bcf/d)
2020 2020 2020
15history projections 41.1 15 history projections 41.1 15 41.1
history projections

10 27.4 10 27.4 10 27.4

LNG exports
net exports
pipeline exports
5 13.7
to Mexico 5 13.7 5 13.7
pipeline exports
to Canada
pipeline imports
0 0.0 0 0.0 0 0.0
from Canada
LNG imports

-5 -13.7 -5 -13.7 -5 -13.7

10 15 20 2 5 30 3 5 4 0 4 5 5 0
20 20 20 20 20 20 20 20 20

Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 9
U.S. liquefied natural gas (LNG) exports and oil and natural gas
prices
U.S. liquefied natural gas exports Ratio of Brent crude oil price to natural gas price
AEO2021 supply and price cases at Henry Hub, AEO2021 supply and price cases
trillion cubic feet energy-equivalent terms
15 2020 10 2020
history projections history projections

High Oil 8

10 Price
High Oil 6
and Gas
Supply
Reference 4
5 Low Oil
and Gas
Supply 2
Low Oil
0 Price
0

Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 10