Gas consumption in the US is forecasted to increase steadily from 898.72 billion cubic meters in 2024 to 920.12 billion cubic meters by 2028. As of 2023, actual consumption was roughly similar to the 2024 forecast, highlighting a consistent demand. The projected year-on-year increase is modest, indicating a stable growth trend. The five-year compound annual growth rate (CAGR) is expected to reflect this stability, suggesting gradual but persistent growth in gas consumption over the period.
Future trends to watch for include macroeconomic factors like changes in energy policies, technological advancements in energy efficiency, and shifts in global energy supply chains, which could impact gas demand and consumption patterns in the US.
