Natural Gas is a Wonder Fuel – it is abundant, made in America, clean-burning, reliable & cheap
By Steve Moore
WASHINGTON, D.C. (Texas Insider Report) — Because of modern drilling technologies – including horizontal drilling and fracking – Natural Gas is now cheaper than bottled water, which now sells for $2.69. The price of natural gas has fallen in recent weeks to $2 MMBTU, which is the lowest price level for energy after adjusting for inflation than any time in 20 years – and probably ever in the history of mankind.
Prices Down, Down, Down.
A constant theme of the the Committee to Unleash Prosperity Hotline is that the so-called “green-energy transition” is a figment of the left’s oversized imagination.
Despite hundreds of billions of taxpayer dollars thrown at wind and solar power, we still get less than 10% of our energy from green sources.
The needle hasn’t moved.
Meanwhile, natural gas has all the attributes of a wonder fuel – it is abundant, made in America, clean-burning (using natural gas REDUCES carbon emissions), reliable, and cheap.
Despite hundreds of billions of taxpayer dollars thrown at wind and solar power, we still get less than 10% of our energy from green sources.
The needle hasn’t moved.
Meanwhile, natural gas has all the attributes of a wonder fuel – it is abundant, made in America, clean-burning (using natural gas REDUCES carbon emissions), reliable, and cheap.
It can also be used for all of America’s energy needs – including transportation. (If we go with electric vehicles we are going to get the power from natural gas.)
The left, of course, is against natural gas because it is TOO cheap and TOO abundant. Why use natural gas when you can use expensive and completely unreliable wind power?
We need permits for more LNG terminals and pipelines so we can transport our natural gas resources to every region of the country and export it across the world.
Stephen Moore serves as Chief Economist for The Texas Insider, and is a Senior Fellow at both FreedomWorks and the Heritage Foundation. He is Co-Founder of the Committee to Unleash Prosperity, and is a contributor to the Washington Examiner.
