By 2023, the electric power sector accounted for about 40% of total U.S. natural gas consumption, and gas accounted for about 42% to 43% of utility-scale electricity generation, making it the single largest fuel source, the EIA says. Over the years, the role of gas has grown, largely displacing coal as the latter became uneconomical.Secondly, as the U.S. became a gas-producing powerhouse, the gas and electric power sectors have become much more interdependent. In 2000, the electric power sector accounted fo ...