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Energy

U.S. sets record for gas burn

In the United States, natural gas consumed by electric power plants (power burn) set a daily record high of 47.2 billion cubic feet on Monday, July 27, according to S&P Global Platts estimates. Consequently, on the same day, natural gas-fired generation in the Lower 48 states also reached an all-time high of 316 gigawatts in the late afternoon, according to the U.S. Energy Information Administration.

The previous record was 45.4 Bcf, and it was set on August 6, 2019.

Electricity demand in response to high temperatures throughout much of the country, relatively low natural gas prices, the start of new natural gas-fired capacity, and greater use of existing natural gas-fired capacity have contributed to increased natural gas consumption in the electric power sector.

CO2 emissions lowest in decades

Monthly U.S. energy-related carbon dioxide (CO2) emissions fell to 307 million metric tons in April, the lowest value since records were first kept in 1973.

Travel restrictions and other measures to mitigate the spread of coronavirus in April resulted in sudden and significant changes in energy consumption, resulting in lower energy-related emissions.

Changes in U.S. energy-related CO2 emissions largely mirror the changes in energy consumption: a drop in petroleum consumption, shifts in electricity consumption from the commercial and

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