Tuesday,
January 26
January 26
EIA Monthly Energy Review
The U.S. Energy Information Administration will issue its Monthly Energy Review, providing data on energy production, consumption, prices and trade. U.S. natural gas consumption fell by 2.5 percent in 2020 to an average of 83.1 billion cubic feet per day compared to the prior year, according to the agency’s recent short-term outlook. The consumption is expected to decline by 2.8 percent in 2021 and 2.1 percent in 2022, due largely to rising prices and less use of natural gas in the power sector. Annual residential electricity retail sales increased by 1.3 percent in 2020 and are forecast to grow by 2.4 percent in 2021.