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Lower-than-normal stockpile levels and robust LNG consumption are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SWN, COG and RRC.
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The United States is the world's second-largest producer and consumer of electricity. It generates 15% of the world's electricity supply, about half as much as China. [78] The United States produced 3,988 TWh in 2021. Total generation has been flat since 2010. Net electricity imports were 39 TWh, or about 1% of sales.
Website. EIA.gov. The U.S. Energy Information Administration (EIA) is a principal agency of the U.S. Federal Statistical System responsible for collecting, analyzing, and disseminating energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment.
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On Thursday, the U.S. Energy Information Administration reported that domestic supplies of natural gas rose by 81 billion cubic feet last week.
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