EIA Annual Energy Outlook 2020 Says Gas Under $4/Mcf Thru 2050

According to our favorite government agency, the U.S. Energy Information Administration (EIA), the price of natural gas will, on average, remain below $4 per thousand cubic feet (Mcf) for (gasp)–the next 30 years. You read that right. Lower for longer is, according to EIA, the reality for the next full generation. EIA recently released its “Annual Energy Outlook 2020” (full copy below). In addition to low gas prices, EIA predicts that so-called renewables will eclipse natural gas in electricity production by 2050. We say: When pigs fly.

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment