Natural Gas Corner - Production Update - U.S. Dry-Natural Gas Production Falls To New Low For 2015

U.S. dry-natural gas production fell to the lowest level last week of 2015 at 70.8 Bcf per day and is down 4 weeks in a row.

Bentek  expects production to rise next week to 71.4 Bcf per day and 71.6 Bcf per day the following week.  The EIA has forecast production to increase to a record high 75.2 Bcf per day from October 2015-March 2016.

Time will tell if the forecasters are right.  But with the natural gas rig count currently at an all-time low, production may not increase as anticipated and could become a bullish factor for the market if it continues to fall.