It's often the fuel of choice for people in poorer communities and rural parts of the country that aren't served by natural gas pipelines.
We can't predict whether natural gas prices will hold up, but we can report that witness comments at Wednesday's congressional hearing suggested demand would likely remain brisk.
But while geologists believe the rich Texas gas fields extend across the border, Mexico's state-owned oil monopoly, Pemex, has focused on boosting oil exports and hasn't proved effective at finding natural gas.
Mexico used to talk about exporting gas to the U.S. But though geologists believe that the rich Texas gas fields extend across the border, Mexico's state-owned oil monopoly, Pemex, has focused on boosting oil exports and hasn't been effective at finding natural gas.
"American natural gas production growth is essentially useless at this particular point in time since you can't make any profit on North American natural gas, " EOG Resources Inc.
And natural gas isn't just appearing magically -- we're encouraging it and working with the industry.
Even northeastern states that have put a hold on fracking aren't immune, because many import natural gas.
But Enron's investments in other operations, from broadband trading to retail energy, weren't nearly as lucrative as the core natural gas-trading business.
Ms. Schapiro didn't vote because of stock she owns in natural-gas company Spectra Energy Corp.
So if history shows that proposed anti-price-gouging legislation has fallen flat on its face, and if two federal agencies have said they haven't found any evidence of price gouging by oil and natural gas companies, and no one has been prosecuted under existing laws for price fixing, then why the new legislation?
That's good news for those who want to see the switch take place soon, but it shouldn't set a precedent for a broad coal-to-natural gas move, the report seems to imply.
On the upside, natural gas has an important friend in legendary energy investor T.
Obama also wants to expand natural gas production, as long as it doesn't damage the environment.
Natural gas prices are sky-high, and oil isn't far off its top price for the year.
Its profits aren't expected to be as strong next quarter because of the seasonal demand for natural gas and softer crude oil prices, but analysts say oil and gas price fluctuations will not be drastic because of tight supply and strong demand.
If TXU has to call into service its "mothballed" natural gas plants, or if new generating capacity in the state isn't enough to meet demand--causing prices to skyrocket--those additional facilities would have mattered quite a bit.
Westport Innovations (WPRT) builds natural-gas powered engines and is competing against the formidable and deep-pocketed T.
If a natural gas producer can enter five-year-forward contracts, why can't a dairy farmer smooth out his cash flow by linking feed and milk prices?
The project also faces headwinds from a decline in the price of natural gas, which undermining the case for renewable energy though it isn't clear how long the dip will last.
Ertel, who got his start trading natural gas and more-established pollution credits (such as for sulfur dioxide), isn't spooked by uncertainty.
Enterprise doesn't have any pipelines at all in that part of the country, but has a massive network for carrying natural gas liquids across the South and West.
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