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2021 Congressional Testimony

EIA's view on Domestic and International Energy Price Trends pdf
Subject:EIA, forecasts, energy markets
Presented by:Stephen Nalley, Deputy Administrator
Presented to: U.S. Senate Committee on Energy and Natural Resources
Washington, DC—November 16, 2021

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May 28, 2026 Today in Energy ›

Natural gas for power generation flat this summer, record high expected in 2027 ›

We forecast natural gas consumption by the U.S. electric power sector this summer will remain near recent highs and set a new record next summer in our May Short-Term Energy Outlook (STEO). Despite a 2% increase in overall U.S. electricity demand this summer, we expect natural gas-fired electricity generation to be similar to last summer, primarily because of forecast increased generation from renewables. In the May STEO, we forecast natural gas consumed by the U.S. electric power sector will average 43.7 billion cubic feet per day (Bcf/d) during the summer (Juneâ€&September), the same as in the summer of 2025, and 4% above the five-year summer average (2021â€&2025). We forecast natural gas consumption for power generation will increase 6% (2.4 Bcf/d) during the summer of 2027 to 46.1 Bcf/d, surpassing the previous record set in 2024 by 3%.

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U.S. average summer natural gas consumption in the electric power sector (Jun-Sep, 2016-2027)

U.S. Energy Information Administration, Short-Term Energy Outlook, May 2026


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