HEDGE THOSE NAT GAS BUYS – EXPERTS

Energy experts: When it comes to natural gas, hedge your bets

Jennifer A. Dlouhy, October 11, 2013 (San Antonio Express-News)

“The United States is investing heavily in natural gas as domestic production soars, but power utilities and policymakers should hedge their bets, panelists warned at a recent energy forum…Policymakers are hyping natural gas as a cleaner-burning alternative to other fossil fuels. Proponents say gas can provide what they call a bridge to lower-carbon options…Power plants are switching to gas because of its relatively low cost and smaller emissions profile…But if natural gas prices surge higher than the $4 to $5 per million British thermal units that many analysts expect, the U.S. could be in risky territory…If utilities tether more U.S. power generation to natural gas and prices for the commodity climb higher than predicted, it could squeeze industrial and residential consumers without a readily available, less expensive alternative…” click here for more

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