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|Subject: Re: Obama's war on consumers||Date: 9/12/2013 8:27 PM|
|Author: telegraph||Number: 18623 of 19891|
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'