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Total US gas consumption dips despite 15% climb in residential, commercial use


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Total US gas consumption dips despite 15% climb in residential, commercial use

Natural gas demand in the U.S. decreased slightly in the week that ended July 25, the U.S. Energy Information Administration said in its July 26 "Natural Gas Weekly Update."

Total U.S. gas consumption decreased by 2% for the week compared with the previous week, the EIA reported, citing PointLogic Energy data. Gas consumption for power generation declined by 6% compared to the previous report week due to moderate temperatures in the northern half of the Lower 48. Residential and commercial gas consumption climbed 15% compared to the previous week, while industrial gas consumption increased 1%.

Six LNG vessels with a combined carrying capacity of 21.4 Bcf left the U.S. from July 19 through July 25. Four of the tankers left from Cheniere Energy Inc.'s Sabine Pass terminal in Louisiana, while the other two left from Dominion Energy Inc.'s Cove Point in Maryland. Average daily pipeline deliveries to LNG export terminals for the week fell by about 100 MMcf/d, after averaging 3.2 Bcf/d, according to the EIA.

U.S. gas supply increased for the week, averaging 86.9 Bcf/d compared to 86.6 Bcf/d in the previous week. Average net imports from Canada fell by about 300 MMcf/d from the previous week, averaging 5.8 Bcf/d from July 19 to July 25.

Net storage injections for the week ending July 20 totaled 24 Bcf, which was higher than the 19 Bcf of net injections in the corresponding week in 2017. Working gas stocks totaled 2,273 Bcf, which was about 557 Bcf below the five-year average and 705 Bcf below the level for the same period in 2017.