EIA lifts forecasts for US gas production, trims 2021 Henry Hub price estimates

摘要

The US Energy Information Administration on Feb. 9 substantiallyincreased its forecast for natural gas production in 2021 and 2022 amidexpectations of more associated gas production in the Permian Basin,and trimmed its gas price forecasts for the current year.The EIA, in its February Short-Term Energy Outlook, raised by 3.60Bcf/d to 98.68 Bcf/d its total gas marketed production estimate for theUS in the first quarter, and pushed up its Q2 forecast as well by 2.74Bcf/d to 97.95 Bcf/d.