Natural Gas Prices Will Be Much Higher This Winter
The U.S. has an overabundant supply of natural gas. We’re being told that it’s a fuel for the future. Other countries are creating cars that run on natural gas and the U.S. is losing out. Are we?
I heard on ABC news the other day that natural gas is going up 22% this winter when we use the stuff to heat our homes. Looking around at some of the country’s newspapers it appears the increase may be higher. Parts of Pennsylvania expect over a 33% increase, and Frankfurt, Kentucky claims that natural gas is up 70% from last year. If you’re wondering why natural gas is going up when it’s oil that’s high not the gas, and oil never seemed to affect the price of natural gas before, it’s because of demand.
So here we are again with a fossil fuel that has to be extracted, and boy are we devastating some beautiful places in America extracting the stuff, while demand continues to rise so the costs are getting out of hand no differently than oil. And we’re still screaming for offshore drilling for more oil? This should be a big kick in the pants to get away from fossil fuel forever. What is it we’re not getting?
Natural gas prices weren’t all that bad until oil got so outrageously expensive. Industries that can either use oil or natural gas have switched to gas. Meanwhile, we started using more natural gas to produce electricity. Natural gas consumption always used to be predominantly in the winter months, for heating purposes, now because of industry and demand for electricity for A/C, natural gas prices aren’t fluctuating cyclically. They’re just plain going up and up.
Just dandy huh? We need to get off this merry go round and realize that in the future we must adapt to a potpourri of energy sources, like some wind, some solar, some geothermal, etc., or we’re just going to keep hitting the same demand wall.
Calling for the U.S. to move solely to electricity may sound like we’re putting all our eggs in one basket too but electricity is the one source of power that appears to know no bounds for it’s generation. All types of things can be converted to electricity. With the advent of the hydrogen fuel cell and PEM’s, electricity will have even more ways to keep us in power in the future.

August 15th, 2008 at 10:13 am
[...] Our World and Everything in It: Natural gas prices will be much higher this winter. [...]