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Subject:  Re: Obama's war on consumers Date:  9/12/2013  8:27 PM
Author:  telegraph Number:  18623 of 19821

really points to ponder


Ginko:" Natural gas is far more efficient at producing energy than coal - both to build plants and equipment and also to run. It's by nature a cheaper fuel, so even with any increase, it is still well cheaper than coal."

Yes and no.

Is it 'more efficient'? Based upon what? 39% of all power in the US is generated by coal. It wouldn't be in NG was and HAD been so cheap. It hasn't been.

You have a TEMPORARY glut of natural gas. The price will be double in less than five years.

Then, NG will no longer be 'competitive'