U.S. NatGas Consumption Projected to Rise 21 Percent by 2040

[thackney]

U.S. NatGas Consumption Projected to Rise 21 Percent by 2040
http://www.power-eng.com/articles/2016/05/u-s-natgas-consumption-projected-to-rise-21-percent-by-2040.html?cmpid=enl-poe-weekly-may-31-2016&cmpid=enl_PE_Weekly_2016-05-31&eid=294715858&bid=1418139
May 27, 2016

Power generation will account for 34 percent of the growth in natural gas consumption between 2015 and 2040, the U.S. Energy Information Administration (EIA) said Thursday.

During the 25-year period, natural gas consumption in the U.S. will rise 1 percent a year, from 28 trillion cubic feet (Tcf) in 2015 to 34 Tcf in 2040, according to EIA’s report.

“The industrial and electric power sectors make up 49% and 34% of this growth, respectively, while consumption growth in the residential, commercial, and transportation sectors is much lower,” the report stated. “Energy-intensive industries and those that use natural gas as a feedstock, such as bulk chemicals, make up most of the increase in natural gas consumption.”

The growth stems primarily from low natural gas prices.

#energy

[IsailedawayfromFR]

I'd say that is a very conservative estimate.

The abundance of cheap, clean-burning natural gas, especially the largest US gas field which sits astride the country's largest energy consuming market, should bring about a lot more natural gas demand.

One will see it sky-rocket one we get a reasonable Executive in the WH who will stop the illogical subsidizing of renewables and establishment of a national energy policy focused on creating jobs, minimization of energy costs to consumers and creating value via export of LNGs.