US Natural Gas Production Set for Record High in 2026
The US Energy Information Administration (EIA) has projected that natural gas production in the country will reach a record high of 122.5 billion cubic feet per day (Bcf/d) in 2026, up 3.4% from last year's level.
This increase is driven largely by higher output from the Permian and Haynesville regions, with the Permian region expected to average 29.2 Bcf/d in 2026, an increase of 6% from 2025.
The EIA attributes this growth to higher crude oil prices, which have supported drilling activity in the Permian region. West Texas Intermediate crude oil prices averaged USD 84 per barrel through July 2026, up from an average of USD 65 per barrel in 2025.