U.S. ethane production forecast to grow by 9% in second half of 2022
Aug 19, 2022Ethane production at U.S. natural gas processing plants, which has been growing annually since 2017, rose to just above 2.5 million barrels per day (b/d) in March, and it has remained above 2.4 million b/d since then. In EIA's August Short-Term Energy Outlook (STEO), they forecast average ethane production to grow by 9% to over 2.6 million b/d in the second half of 2022. The forecast 2022 annual production exceeds 2021 production by 16%, or 340,000 b/d.
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