The United States Energy Information Administration projects production growth to be concentrated in the Marcellus and Utica shale regions and in the Permian region, according to theĀ Farm and Dairy.

The EIA predicts increased supply from the Marcellus and Utica shales along with flat demand will trigger lower natural gas prices over the next 24 months. However, it also predicts consumption will increase during that time.

The low prices and plentiful supply are expected to spur increased use of natural gas for electric power generation.

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