US natural gas output and demand to hit record highs in 2026 and 2027, EIA says
UNG•The EIA projected US dry gas production will reach 113.0 billion cubic feet per day in 2026 and 117.6 billion in 2027, while consumption rises to 92.3 billion and 94.4 billion, respectively. LNG exports are forecast to climb to 17.6 billion cubic feet per day in 2026 and 19.0 billion in 2027.
1. Production and demand
The EIA projected dry gas production will rise from a record 107.6 billion cubic feet per day in 2025 to 113.0 billion in 2026 and 117.6 billion in 2027. Domestic gas consumption is forecast to increase from a record 91.9 billion cubic feet per day in 2025 to 92.3 billion in 2026 and 94.4 billion in 2027; if correct, 2026 would be the fifth consecutive year of record demand.
2. Exports and other forecasts
The agency forecast average US liquefied natural gas exports will rise from a record 15.1 billion cubic feet per day in 2025 to 17.6 billion in 2026 and 19.0 billion in 2027. It also projected coal production will fall to 495.4 million short tons in 2027, its lowest level since 1963, while fossil-fuel carbon dioxide emissions are forecast to decline in 2026 and edge higher in 2027.
