Natural Gas

Natural Gas Annual with Data for 2024

• U.S. dry natural gas production increased year over year in 2024 for the fourth consecutive year, according to the 2024 Natural Gas Annual. Total dry natural gas production was the highest for any year on record, dating back to 1930. Natural gas consumption also increased year over year in 2024.
• Domestic dry natural gas production in 2024 totaled 37.72 trillion cubic feet (Tcf), 0.2% higher than the 2023 level of 37.65 Tcf. Due to the leap year, 2024 production was 0.1% lower per day, averaging 103.07 billion cubic feet per day (Bcf/d) compared with 103.16 Bcf/d in 2023.
• New Mexico had the largest volumetric increase in dry natural gas production per day, rising from 7.9 Bcf/d in 2023 to 9.1 Bcf/d in 2024, an increase of 14.5%.
• Texas had the second-largest increase in production, rising from 26.4 Bcf/d in 2023 to 27.5 Bcf/d in 2024, an increase of 4.1%.
• Louisiana had the largest decrease in production, falling from 11.9 Bcf/d in 2023 to 9.8 Bcf/d in 2024, a decrease of 17.2%.
• Deliveries of natural gas to consumers per day increased overall in 2024. Deliveries of natural gas totaled 29.8 Tcf, or 81.5 Bcf/d, an increase of 1.1% from 80.6 Bcf/d in 2023. Deliveries of natural gas increased in two sectors and decreased in the other two sectors in 2024.
• Deliveries to residential consumers decreased 3.3% between 2023 and 2024 to 12.0 Bcf/d. Residential deliveries were the lowest for any year since 2016.
• Deliveries to commercial consumers decreased 0.7% to 9.1 Bcf/d.
• Deliveries to industrial consumers increased 0.04% to 23.44 Bcf/d. Industrial deliveries were the highest for any year since we began using the current methodology for tracking consumption in 1997.
• Deliveries to the electric power sector increased 3.9% to 36.8 Bcf/d. Electric power deliveries were the highest for any year since we began using the current methodology for tracking consumption in 1997.
• For the eighth consecutive year, the United States was a natural gas net exporter (exports minus imports) in 2024, exporting 4,562 Bcf (12.5 Bcf/d) more natural gas than it imported for the year.
• U.S. natural gas imports increased year over year for the third time in four years in 2024. Total imports of natural gas in 2024 were 3,145 Bcf (8.6 Bcf/d), an increase of 7.1% from 2,928 Bcf (8.0 Bcf/d) in 2023.
• Exports of natural gas increased year over year for the 10th consecutive year. Total exports of natural gas in 2024 were 7,707 Bcf (21.1 Bcf/d), an increase of 1.0% from 7,610 Bcf (20.8 Bcf/d) in 2023. Total exports for 2024 were the highest of any year on record, dating back to 1973. The United States exported natural gas to 46 countries in 2024.