It’s a golden age for natural gas in the US. Production is soaring. In 2017 the country became a net exporter of gas for the first time in 60 years. Prices are low everywhere, well almost everywhere. The heavily populated regions of New England and Southern California are getting whacked by abnormally high prices this winter. Natural gas prices in Boston have been two to three times prices in New York, just 200 miles away. At the other corner of the country, Los Angeles is experiencing prices over 50% higher than San Francisco’s. In both cases high natural gas prices have rippled through to the electricity market and ... (full story)