2019 Natural Gas Market Trends and Outlook

California Energy Commission (CEC) staff produced the 2019 Natural Gas Market Trends and Outlook Report to support the CEC’s 2019 Integrated Energy Policy Report. Every two years, CEC staff, in consultation with industry experts, examines emerging trends in the natural gas market. An overarching theme of the report is the effect on natural gas from California's recently enacted clean energy targets and decarbonization goals. This report provides updates on key natural gas topics from a national and statewide perspective. These topics include the natural gas price projections, production and supply, pipeline and storage infrastructure, and consumption. To prepare the price forecast, California Energy Commission staff modeled the North American natural gas market and developed cases depicting future natural gas demand and supply trends under a variety of assumptions. The results of this modeling effort serve, in part, as inputs to other modeling work at the California Energy Commission.