The August Natural Gas Monthly, featuring data for June 2012, has been released by the U.S. Energy Information Administration. It was another record-setting month for total consumption of natural gas for June with 1,847 Billion cubic feet (Bcf) consumed, 12 percent above the previous high for total consumption reached for June in 2011. Deliveries of natural gas to the electric power sector of 884 Bcf led the strong consumption trend, again reflecting continued displacement of coal with natural gas and coming in at more than 25 percent of electric power use for June 2011. Dry natural gas production for June stayed relatively stable for the third straight month at 1,961 Bcf or 65.4 Bcf per day. Read more...
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