In the US natural gas is a byproduct of shale oil extraction and we have a limited capacity to move or export it so it's almost priced as a waste product.
It's unlikely that electricity will be any cheaper than gas soon either, since that's where 40% (and growing, as our coal and nuclear fleet are retired) of our electricity comes from.
In the US natural gas is a byproduct of shale oil extraction and we have a limited capacity to move or export it so it's almost priced as a waste product.
It's unlikely that electricity will be any cheaper than gas soon either, since that's where 40% (and growing, as our coal and nuclear fleet are retired) of our electricity comes from.