Natural Gas is cheap now. Will that always be the case?
Nope! Our electric Utility just got a coal plant going and the whole reason for it is stable rates into the future. Natural gas oil fuel will all go up but coal will remain stable.
Starting to make me wonder now.
This was taken from a government report regarding energy use - all of it expecting that SCOTUS passed the new EPP CPP. But, they did not.” Anyway, this is what they had to say about Natural Gas future usage:
“Finally, the discussion of energy security would not be complete without addressing the demand side.
While issues of energy conservation, energy efficiency, and demand reduction are largely out of scope for
this installment of the QER, they are nonetheless relevant for energy security. Figure 4-1 shows U.S. energy demand as projected by EIA through 2040. These projections indicate that U.S. liquid fuel demand is expected
to grow through 2018 and then begin a slow decline for the remainder of the period. In contrast, EIA projects
a steady growth through the projection period for both electricity and natural gas. However, it should be
noted that EIAââ¬â¢s projections do not consider regulations that are not yet finalized. Thus, EIA projections do not
account for electricity supply and demand changes likely to occur from implementation of the Environmental
Protection Agencyââ¬â¢s ââ¬ÅClean Power Plan,ââ¬Â because it has not yet been finalized.
http://energy.gov/sites/prod/files/2015/04/f22/QER-ALL%20FINAL_0.pdf
(sections 4-3)