welcome
Reuters

Reuters

Business

Business & Economics

US natgas output to decline as demand hits record high in 2024, EIA says

Reuters
Summary
Nutrition label

80% Informative

U.S. natural gas production will decline in 2024 while demand will rise to a record high.

EIA projected dry gas production to ease from a record 103.8 billion cubic feet per day in 2023 to 103.5 bcfd in 2024 .

Production will ease as several producers reduce drilling activities after average monthly spot gas prices at Henry Hub benchmark fell to a 32-year low in March .

VR Score

91

Informative language

95

Neutral language

85

Article tone

formal

Language

English

Language complexity

35

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links