Natural gas is crushing wind and solar power — Why isn’t anyone talking about it? | Fox Business

Natural gas is crushing wind and solar power — Why isn’t anyone talking about it? | Fox Business

The U.S. Energy Information Administration just announced some spectacular news that should be banner headlines across the country: The price of natural gas has fallen to its lowest February level in 20 years. The data shows that natural gas prices fell to $1.77 per million British thermal units. In inflation-adjusted terms, the price of gas has plunged by some 80 percent since its high of $13.60 12 years ago. The price is down 90 percent since 2005, when prices hit nearly $20. (Quick: Can you think of anything else that now costs one-tenth of what it did 15 years ago?)

The Energy Information Administration also reports that U.S. natural gas production has hit an all-time high this year.

— Read on www-foxbusiness-com.cdn.ampproject.org/c/s/www.foxbusiness.com/markets/natural-gas-is-crushing-wind-and-solar-power-why-isnt-anyone-talking-about-it.amp

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