Saturday, March 15, 2014

America's Huge Cost Advantage in Natural Gas

I'm putting together a presentation on natural gas for next weekend, and I am reminded just how cheap nat-gas is in the U.S. compared to other countries.


Some points worth knowing ...

  • Even with the rally in U.S. natural gas prices in the past year, the price we pay is far, far below international prices.
  • Japan pays THREE TIMES what we do for natural gas.
  • The IMF forecasts that U.S. natural gas prices will not rise above $4.70 through 2018. They could be wrong. But even if our nat-gas prices DOUBLED, we’d still pay less than Europe!

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