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Total US gas use takes slight hit with dip in residential, commercial usage

Total weekly U.S. natural gas consumption for the week that ended Jan. 9 fell 3%, led by a 4% fall in residential and commercial gas use, the U.S. Energy Information Administration said in its Jan. 10 "Natural Gas Weekly Update."

Total U.S. gas consumption in the report week took a slight dip, coming in at 82.6 Bcf/d compared to the previous week at 84.9 Bcf/d, the EIA reported. The decrease in usage was led by a fall in residential and commercial gas consumption, which totaled 36.4 Bcf/d, compared to 38.0 Bcf/d during the last report week.

Gas use for power generation for the report week took a smaller hit, hitting 22.3 Bcf/d compared to 22.5 Bcf/d in the previous week. Industrial gas consumption also decreased slightly in the week, amounting to 23.9 Bcf/d compared to 24.4 Bcf/d last week.

A total of 10 LNG vessels with a combined carrying capacity of 36.2 Bcf left the U.S. from Jan. 3 to Jan. 9. Eight of the vessels left from Cheniere Energy Inc. terminals, seven of which left from Sabine Pass in Louisiana, while the other one left from Corpus Christi in Texas. Two left from Dominion Energy Inc.'s Cove Point terminal in Maryland. Pipeline deliveries to LNG export terminals for the week went up by about 100 MMcf/d over the previous week at 5.0 Bcf/d, according to the EIA.

The Federal Energy Regulatory Commission recently approved a request from Cheniere to introduce fuel gas and begin testing fuel gas systems on the second train at Corpus Christi.

Total U.S. gas supply averages saw an increase of about 700 MMcf/d for the week, coming in at 93.4 Bcf/d from Jan. 3 to Jan. 9. Average net imports from Canada also increased during the week at 5.7 Bcf/d, compared to the previous week's 4.9 Bcf/d.

Net storage withdrawals for the week ended Jan. 4 totaled 91 Bcf, which was much less than the 337 Bcf of net withdrawals in the same week in 2017. Working gas stocks totaled 2,614 Bcf, which was about 464 Bcf below the five-year average and 204 Bcf below the level for the same period in the previous year.