Lowering natural gas prices begins with increasing supply to meet demand. That's the word from industry experts and a growing number of Americans are beginning to understand. In fact, Congress is considering legislation that would give natural gas suppliers access to the outer continental shelf to relieve the natural gas demand/supply imbalance.
Natural gas is used to meet nearly one-fourth of the country's energy needs and is used for purposes ranging from cooking to dehumidifying schools to generating electricity. However, existing natural gas wells are running low, causing prices to jump. The American Gas Association (AGA) estimates that there is enough natural gas in the outer shelf to allow for nearly 30 more years' worth of American consumption.
Natural gas is used to meet nearly one-fourth of the country's energy needs and is used for purposes ranging from cooking to dehumidifying schools to generating electricity. However, existing natural gas wells are running low, causing prices to jump. The American Gas Association (AGA) estimates that there is enough natural gas in the outer shelf to allow for nearly 30 more years' worth of American consumption.




