In our recently released Short-Term Energy Outlook (STEO), we forecast that U.S. liquefied natural gas (LNG) exports will continue to lead growth in U.S. natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025. We also forecast increased natural gas exports by pipeline, mainly to Mexico. In our STEO forecast, net exports of U.S. natural gas (exports minus imports) grow 6% to 13.6 billion cubic feet per day (Bcf/d) in 2024 compared with 2023. In 2025, net exports increase another 20% to 16.4 Bcf/d. More ›
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO)
4/16/2024: $85.36/barrel
up$0.13 from week earlier
up$2.84 from year earlier
4/16/2024: $1.732/MMBtu
down$0.140 from week earlier
down$0.382 from year earlier
4/15/2024: $3.628/gal
up$0.037 from week earlier
down$0.035 from year earlier
4/12/2024: 460.0 million barrels
up2.7 million barrels from week earlier
down6.0 million barrels from year earlier
4/6/2024: 7.672 million tons
down1.092 million tons from week earlier
down2.949 million tons from year earlier