VintonCounty

A New Global Market for Natural Gas

Each form of energy has a best use, and it is foolish to use it other ways. For example, liquid hydrocarbons are ideal for transportation. It is foolish to use any other form of energy for transportation, and in a free market liquid hydrocarbons will find their highest prices in transportation.

For coal the best uses are generating electrical energy and making coke. For nuclear fuel the best use is generating electrical energy.

For natural gas, the best use is space heating. To use it for electrical generation is wasteful. It is so used because governments have shackled coal and nuclear with laws and regulations. If governments did not rig the game, economic decision makers would choose coal or nuclear for most electrical generation. An investor would say, "Why should I care about that theoretical stuff?" The reason is that it will benefit future generations.