Having been someone involved in the natural resource industry for a number of years, Matt Badiali now makes his money investing in the sectors that make up this industry. He is very experienced with agriculture, energy, and mining due to the vast knowledge he has accumulated over the years. He shares this knowledge with others as he is a senior editor for Banyan Hill Publishing. Additionally, he writes a blog where he shares his thoughts and research on his specialties.
One of Matt Badiala’s recent blog entries talks about how consumers heating bills can get significantly higher in 2018. As he points out, natural gas is now the source of generating electricity that is preferred by power generators around the United States. He shares his thoughts on why the price of natural gas is bound to go up int 2018. Visit Matt Badiali at medium.com to know more.
It used to be that coal was the go-to source for electrical power. This was because it was cheap, plentiful, and portable. Natural gas was more difficult and more expensive because you had to send it down pipes, which are expensive to build and maintain.
Natural gas is the new go-to source for electrical power. And the price of natural gas could soar in 2018. Here’s why . . .#Energy #NaturalGas #investing #Markets #Commodities #BanyanHill $DIG $DUG $UNG https://t.co/WIw7KglLIj
— Matt Badiali (@Matt_B_Guru) December 19, 2017
Due to the shale revolution of the 1990’s much more natural gas is produced then there used to be. More pipelines were laid and it ended up the case that the price of natural gas dropped. One of the big benefits of natural gas over coal, among other things, is that it’s an on-demand fuel. With coal the plant has to run day and night continuously while with natural gas you can fire up the plant only when it’s needed.
With the continued success of alternative sources of energy like the solar and wind, natural gas is a perfect partner to those. When the wind doesn’t blow the power company can fire up the natural gas plant, just like at night when there is no sun powering solar cells. Follow Matt Badiali on Twitter
Matt Badiali says that seeing as how natural gas has hit its lowest price in the last year that doesn’t fit with the situation as he sees it. He is seeing comparisons to 2014 when natural gas was higher priced but less available. He expects this pattern to repeat itself in 2018 where the value of natural gas will re-assert itself and be worth more on the markets.