The United States will be producing an estimated 2.09 billion cubic metres per day of gas on average by the end of 2017, a 39.65 million cubic metre per day (MMcm/d) increase from 2016, the Energy Information Administration (EIA) wrote in its latest Short Term Energy Outlook (STEO).
Output is expected to increase by 124.61 MMcm/d in 2018. The Henry Hub price averaged $2.90/MMBtu in August, down by $0.08/MMBtu from July.
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