EIA Offers Surprising LNG Outlook
July 12, 2021
The EIA has broken with the ranks of most gas market analysts with a prediction that U.S. LNG exports will fall in 2022. EIA’s prediction of a year-over-year drop from a record 9.38 bcf/d in 2021 to 9.22 bcf/d would be the first decline since 2013. The forecast comes despite the likely addition of new U.S. export capacity.