U.S. dry natural gas production should rise to an all-time high of 81.10 billion cubic feet per day (bcfd) in 2018. Aug 7 (Reuters) – U.S. dry natural gas production should rise to an all-time high of 81.10 billion cubic feet per day (bcfd) in 2018 from 73.57 bcfd in 2017, according to the Energy Information Administration’s Short Term Energy Outlook (STEO) on Tuesday. The latest August output projection for 2018 was down from the EIA’s forecast of 81.34 bcfd in July but would still easily top the current annual record high of 74.15 bcfd produced on average in 2015. EIA also projected U.S. gas consumption would rise to an all-time high of 79.57 bcfd in 2018 from 74.22 bcfd in 2017. That 2018 demand projection in the August STEO report was down from EIA’s 79.65-bcfd forecast for the year in its July report but would still easily top […]