This isn’t just a question of natural gas prices going up.
Natural gas prices are in a downward spiral right now, partly due to lower demand, but mostly because the oil industry is pumping more oil every day. The result is that natural gas prices in North America have gone up by 33 cents a gallon, or about five bucks per gallon.
Well this isnt all that bad. Natural gas prices in the United States are projected to increase by only 1.5 cents a gallon this summer, according to the Energy Information Administration and GasBuddy.com. That is down from the 4.5 cents a gallon average the market was pricing for last year. The price increases are also projected to be the smallest since the early 2000s.
This is great news for consumers but it is also good news for the energy industry. As more and more natural gas is used for electricity, producers will need to invest more in production facilities to keep prices at a reasonable level. This will help the energy industry stay competitive and make life easier for consumers.
And when you see how much gas is used for electricity in California, you can understand why.
It’s also good news for the utility companies because they have to keep money flowing to keep their power stations open. The price of natural gas is one of the few things that California produces a lot of so it’s a great indicator of how much the industry is spending to keep prices stable.
The problem is that California is the only one of our state’s three that uses a lot of natural gas. The other two are Oregon and Nevada so they are in between. I’m not sure how much energy they use but it seems like they might be getting a little less. I guess that could be a good thing because all it would take for California to run out of natural gas would be to turn off the gas line.
I’m not a huge fan of natural gas, but I’m a little more comfortable with it than the alternative. I believe in the power of natural gas to produce electricity. We should make sure we build enough power plants so that the industry doesn’t grow so dependent on that one source of power. I’m not sure how much more it would cost to run a power plant than to convert to natural gas, but it doesn’t seem like a good idea to me.
In other words, if we convert everyone to natural gas, the industry would likely go bust and the economy would collapse. This may or may not be true, but the way I look at it, natural gas and electricity are about the same, and thus, the price of electricity would go up. There are also a lot of factors that could cause this (natural disasters, earthquakes, etc), but it seems to me that it is the most likely way that it will happen.
A lot of people would like to convert the US to natural gas, but realistically, it is the best technology to be found in the world. Most countries are still using coal which has many problems, but the US has a lot of problems using coal. A lot of the US coal comes from the Rocky Mountains, which is why the price is so high.