Natural Gas Prices Could Soar In US–Energy Information Administration
The prices of natural gas may be at a 10-year low. This obviously helps both consumers and business which depend on the fuel. The situation will not last according to the Energy Information Administration. Prices will rise by 54% by…
The prices of natural gas may be at a 10-year low. This obviously helps both consumers and business which depend on the fuel. The situation will not last according to the Energy Information Administration. Prices will rise by 54% by 2018. The US natural gas industry will be the victim of its own success as the export of cheap inventory will hurt US supplies And, it could slow infrastructure building planned by the industry
Increased exports of U.S. natural gas could drive up domestic gas prices as much as 54% in 2018, federal officials said Thursday, in a projection that could complicate efforts by more than a half-dozen companies hoping to spend billions of dollars on new export terminals.
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