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Fuel switching, renewables cause sharp decline in US power sector gas demand in March

Fuel switching contributed to lower US power sector gas demand during March, a trend that, based on current natural gas prices, could continue this summer. Power sector gas demand averaged 27.8 Bcf/d in March, almost 1.9 Bcf/d lower year over year, data from S&P Global Commodity Insights showed March 31. This was only the fourth ...

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