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Cold weather helps set natural gas record on New Year's Day

| Friday, Jan. 5, 2018, 11:00 a.m.
Upper Lake at Twin Lakes Park
Brian Bowling | Tribune-Review
Upper Lake at Twin Lakes Park

Bone-chilling cold helped set a new record for natural gas consumption on New Year's Day, with an assist from the growing export market, according to the Energy Information Administration.

Overall, demand reached 150.7 billion cubic feet, which passed the previous single-day record of 143.3 Bcf on Jan. 7, 2014.

Temperatures nationwide were an average 18 degrees lower than their 30-year average on Jan. 1, and that caused a spike in heating demand. But residential and commercial consumption apparently didn't set a record that day, the agency said.

What drove demand to a new record was the heating demand coupled with a higher consumption in the electric power and industrial sectors, greater exports of natural gas to Mexico and an increased conversion of natural gas to liquefied natural gas.

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