U.S. 2013 Natural Gas Net Imports Lowest Since 1989 With Gas Production Setting a New Record

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The U.S. Energy Information Administration recently reported that U.S. natural gas net imports in 2013 were down 14% to 1,311 billion cubic feet (Bcf), which is the lowest since 1989.  According to the report, imports decreased by 8% during 2013 and were likely displaced by the production of domestic natural gas. Preliminary data shows that domestic dry natural gas production set a new record, increasing by 1% to 24,282 Bcf.

You can view the U.S. Natural Gas Imports & Exports 2013 Report and Trade Summary here.

 

Topics:  Energy, Imports, Natural Gas, Oil & Gas

Published In: Energy & Utilities Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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