US Natural Gas Supply and Demand to Hit Record Highs in 2026

The US Energy Information Administration (EIA) has released its Short-Term Energy Outlook, which forecasts record highs in natural gas supply and demand for 2026 and 2027. According to the EIA, dry gas production is expected to increase from a record 107.6 billion cubic feet per day in 2025 to 111.7 bcfd in 2026 and 115.9 bcfd in 2027.

The agency also projected that domestic gas consumption will rise from a record 91.9 bcfd in 2025 to 92.2 bcfd in 2026 and 94.3 bcfd in 2027. Average US liquefied natural gas exports are expected to increase from a record 15.1 bcfd in 2025 to 17.4 bcfd in 2026 and 18.6 bcfd in 2027.

The EIA noted that U.S. gas inventories were on track to start the winter about 5% above the five-year average, partly due to rising production in the Permian and Haynesville shale regions. This is expected to have a positive impact on natural gas supply and demand in the coming years.