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U.S. Dry Natural Gas Production Rose 3.3% YoY in March, EIA Reports

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Preliminary dry natural gas production rose 3.3% year over year to 110.9% billion cubic feet per day in March, the U.S. Energy Information Administration said in its Natural Gas Monthly Report released Friday.

Estimated natural gas consumption in March was 89.6 Bcf/d, up 1% from the year-ago period. The average daily rate of gas consumption fell in three of the four consuming sectors, the EIA said.

Residential deliveries fell 8.7% to 15.5 Bcf/d. Commercial deliveries were 11.3 Bcf/d, down 4.4%. Industrial deliveries were 23.9 Bcf/d, falling 0.5%. Electric power deliveries rose 10.6% to 29.6 Bcf/d.

Net natural gas exports were 21.0 Bcf/d, with imports down 9.1% to 7.7 Bcf/d and exports up 18.3% to 28.7 Bcf/d, according to the agency.

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