Reuters: US natural gas demand to continue reaching historic highs in the near future

Analysts polled by Reuters suggest that the demand for natural gas in the US is likely to stay at record highs in the near future, with data centers heavily relying on this fuel for power generation.

During a recent conference in the United States, national companies warned officials about the lack of infrastructure needed to produce more LNG. A situation like this could have a severe negative impact on the country’s gas industry, they said. 

The US is widely known as the world's largest producer of natural gas. By the year-end, they forecast a daily output of 105.2 billion cubic feet of this fuel. 

Since 2010, the demand for natural resources in the country has been growing rapidly. However, some US gas fields have been hampered by a lack of space for pipelines. In the past four years, electricity costs in the state have increased by 35%, EQT CEO Toby Rice writes in his note.