Sunday, December 22, 2024
US natural gas drillers to lift 2025 output, reversing year of cuts- oil and gas 360

US natural gas drillers to lift 2025 output, reversing year of cuts

(Investing) – U.S. natural gas producers will boost output in 2025 following a series of production cuts this year, as rising demand from liquefied natural gas export plants is expected to increase prices that had fallen to multi-decade lows. U.S. production is on track to decline in 2024 for the first time since 2020, when the COVID pandemic reduced demand, according to the