U.S. natural gas production and consumption are projected to reach new highs in both 2026 and 2027, according to the U.S. Energy Information Administration’s September Short-Term Energy Outlook. The agency expects dry gas production to increase from 107.6 billion cubic feet per day (Bcf/d) in 2025 to 111.7 Bcf/d in 2026 and 115.9 Bcf/d in 2027. Domestic consumption is forecast to rise from 91.9 Bcf/d in 2025 to 92.2 Bcf/d this year and 94.3 Bcf/d next year.
The latest outlook also raised the EIA’s 2026 estimates compared with its August forecast. Meanwhile, U.S. liquefied natural gas exports are expected to increase from 15.1 Bcf/d in 2025 to 17.4 Bcf/d in 2026 and 18.6 Bcf/d in 2027. Growing output from regions including the Permian Basin and Haynesville is expected to support supply, while inventories could enter the winter season about 5% above the five-year average.
For energy markets, the projections point to continued expansion in both domestic demand and export activity alongside rising supply. The outlook also provides useful context for mineral and royalty owners following broader natural gas production trends, particularly as U.S. LNG exports and major producing regions continue to grow.
Source: BOE Report
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