In 2012,
when natural gas spot prices fell below $ 2 per thousand cubic feet, «I think people were thinking those prices were the new normal, that we were in a different world,» he says.
Not exact matches
Natural gas generation climbed far above the five - year range, especially starting in January when spot natural gas prices began t
Natural gas generation climbed far above the five - year range, especially starting in January
when spot natural gas prices began t
natural gas prices began to fall.
The current downward trend in coal - fired generation began in 2007,
when increased U.S. production of
natural gas (particularly from shale) led to a sustained downward shift in
natural gas spot prices and increased generation from
natural gas - fired generators.
In 2012 a paper from Yale estimated that in 2010 alone,
when the
spot price of
natural gas averaged $ 4.37 / MMBtu, lower
natural gas prices were adding over $ 100 billion a year to the US economy.
Natural gas produces about half the carbon emissions of coal power, so you can imagine how excited clean energy supporters were
when it took the top
spot.