Natural Gas Demand is up
Posted: Mon Dec 03, 2012 1:09 pm
NEW YORK(Dow Jones, Saturday, December 01, 2012) -- Total U.S. natural gas demand rose 9.4% in September from a year earlier, to 1.79 trillion cubic feet, the Energy Information Adminstration said Friday.
That's the highest ever in September, according to EIA data beginning in 2001. September marked the sixth straight month of year-on-year rises in gas demand. Since April, the year-on-year gains have averaged 9.2%. Those gains followed a 5.4% year-on-year drop in March, which capped an unusally warm winter.
Natural-gas use by the electric power sector rose 17.9% in September from a year earlier, to a total of 806.8 billion cubic feet. That was also the highest September gas demand from power generators in 12 years of EIA data.
That's the highest ever in September, according to EIA data beginning in 2001. September marked the sixth straight month of year-on-year rises in gas demand. Since April, the year-on-year gains have averaged 9.2%. Those gains followed a 5.4% year-on-year drop in March, which capped an unusally warm winter.
Natural-gas use by the electric power sector rose 17.9% in September from a year earlier, to a total of 806.8 billion cubic feet. That was also the highest September gas demand from power generators in 12 years of EIA data.