Natural gas consumption in the U.S. industrial sector averaged 22.4 billion cubic feet per day (Bcf/d) in the first seven months of 2021, which is 0.4 Bcf/d higher than during the same period in 2020 and 0.2 Bcf/d above the five-year (2016-2020) average.
International natural gas prices rose to a weekly average of $32.48/MMBtu this report week, the highest weekly average on record since January 2020.
The price of the November 2021 NYMEX contract increased 20¢, from $5.477/MMBtu last Wednesday.
Sources: ir.eia.gov