US natural gas and power markets experienced higher average prices in 2018, while gas markets had record high demand and supply, and power generation capacity additions were led by gas-fired and wind-powered resources, federal regulators said Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “In 2018, natural gas demand reached a record high, driven primarily by increased demand for natural gas-fired generation and LNG export growth,” according to the Federal Energy Regulatory Commission’s 2018 State of the Markets Report that was presented at the commission’s monthly agenda meeting in Washington. Record-high gas demand was coupled with record-high production, with the largest growth from the Marcellus Shale and the Permian Basin. But demand growth outpaced production growth, which resulted in consistently lower-than-average storage levels that “at times […]