Nobody’s building coal-fired power plants in the U.S. because natural gas is so cheap.
Exactly correct. Older coal fired plants have been shuttered because of the cost of retrofitting them!
It’s been going that way for over a decade. Now, no one can say the pricing for natural gas is going to stay as it is...that’s the chief problem here. But I’d rather pricing being the driver here....rather than some idiot in Washington telling me he knows better.