Abundant and affordable natural gas is helping American consumers by lowering the prices they pay to heat their homes. It could also change what it means to “fill your car up with gas.”
Truckers, sanitation trucks, governments and other groups that manage fleets of vehicles are making the switch to natural gas. Natural gas is priced about $1.50 lower than gasoline or diesel, creating big savings for fleet operators, who can pass those savings down to their customers, all without relying on a foreign source of energy.
Affordable natural gas also keeps costs low for thousands of products, from food to cars.
Natural gas is used in the chemical and fertilizer industries as both a raw material and an energy source, and has significantly slashed the costs for manufacturers of energy-intensive products such as aluminum, steel and glass. From plastic bags and paints to metal parts and rubber wheels, natural gas is decreasing prices for consumers across a broad number of industries.
Heating & Electricity
All across the country, consumers are paying less for home heating and electricity thanks to abundant supplies of natural gas. New drilling technologies and an abundant supply have driven American natural gas prices to an all-time low.
Policymakers should ensure that they keep consumer prices in mind when considering the best use of the U.S.’s abundant natural gas supplies.