U.S. Facing Natural Gas Shortage Too
If you think the recent run-up in gasoline prices is tough to handle, imagine the fallout when high natural gas prices hit the Midwest this winter. The reason has a lot to do with the growing demand for natural gas as a clean-burning fuel for electric-power plants. Electricity companies have accounted for more than 90 percent of the increase in gas consumption since 1990 and are largely responsible for the sharp rise in prices, which have tripled since 1999.
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