The United States is estimated to see a marginal increase in gas production in 2017, with output rising by 22.66 million cubic metres per day (MMcm/d) year on year to average 2.08 billion cubic metres per day, the Energy Information Administration wrote in its latest Short-Term Energy Outlook.
Production is forecast to rise by a further 138.77 MMcm/d on an annual basis in 2018. Greater domestic consumption and higher export volumes are expected to push up prices.
Henry Hub spot prices are forecast to rise from an...
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