US Gas Storage Lags Behind Growing Demand

The US natural gas storage capacity has not kept pace with growing demand in recent years.

According to Columbia University research, the country's working gas storage capacity currently stands at 4.2 trillion cubic feet (TCF), which is not rising as quickly as production or exports.

The majority of growth in US natural gas demand has come from exports, particularly liquefied natural gas (LNG) shipments to other countries. In the coming decade, data centers are expected to become a significant new source of demand, further straining storage capacity.

Researchers note that LNG exporters have different needs than residential and commercial users, as their demand is more stable and less seasonal.