United States Natural Gas Fund LP (UNG): NATURAL GAS WINS! The Associated Pres...

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Sunday, 03/06/2016 6:49:56 AM

Sunday, March 06, 2016 6:49:56 AM

NATURAL GAS WINS!

The Associated Press reports more than 32 mostly coal-fired power plants will close and another 36 plants could also be forced to shut down as a result of new EPA rules regulating air pollution. They are no longer able to compete with natural gas. Nuclear power can not compete either. As existing nuclear plants near the ends of their lifetimes, they will be retired. nuclear is dead because it is competitive with natural gas and because of deposing of spent fuel rods.

Natural gas is the fuel of the future for U.S. electricity.

Domestic supplies of natural gas have increased dramatically in recent years, due to hydraulic fracturing (fracking). This increase will continue for years, making natural gas very cost-competitive compared to other energy sources.

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