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Posted March 27, 2024 Today in Energy ›

U.S. natural gas production grew by 4% in 2023, similar to 2022 ›

U.S. natural gas production grew by 4% in 2023, or 5.0 billion cubic feet per day (Bcf/d), to average 125.0 Bcf/d, according to our Natural Gas Monthly. The Natural Gas Monthly was recently updated with natural gas production data through December 2023. In 2023, three regions—Appalachia, Permian, and Haynesville—accounted for 59% of all natural gas production in the United States, similar to 2022, based on our Drilling Productivity Report (DPR). The DPR measures gross natural gas withdrawals in select onshore regions. More

monthly U.S. natural gas gross withdrawals by region

Data source: U.S. Energy Information Administration, Drilling Productivity Report, Monthly Crude Oil and Natural Gas Production Report, and Natural Gas Monthly

Data Highlights

WTI crude oil futures price

3/26/2024: $81.62/barrel

down$1.85 from week earlier
up$12.36 from year earlier

Natural gas futures price

3/26/2024: $1.575/MMBtu

down$0.169 from week earlier
down$0.641 from year earlier

Retail heating oil price

3/25/2024: $4.034/gal

down$0.007 from week earlier
down$0.039 from year earlier

Crude oil inventories

3/22/2024: 448.2 million barrels

up3.2 million barrels from week earlier
down25.5 million barrels from year earlier

Weekly coal production

3/16/2024: 9.510 million tons

up0.005 million tons from week earlier
down2.240 million tons from year earlier