Natural Gas Price Reduction

The US is a net exporter of natural gas.  Shale Fracking began in 1991 and began being used widely in 2013.  This began the resurgence of oil drilling.  Natural Gas is a bi-product of oil drilling and US production expanded for both.

US Natural Gas Consumption in trillion cubic feet.

Year Trillion Cubic Feet

2014    26.593

2015    27.244

2016    27.444

2017    24.824

2018    27.405

https://www.eia.gov/naturalgas/monthly/pdf/table_02.pdf

Natural Gas is priced per thousand cubic feet.

Year- Average Price

2019 $2.69

2018 $3.15

2017 $2.99

2016 $2.52

2015 $2.62

2014 $4.37

2013 $3.73

2012 $2.75

2011 $4.00

2010 $4.37

2009 $3.94

2008 $8.86

2007 $6.97

2006 $6.73

2005 $8.69

2004 $5.89

2003 $5.47

2002 $3.38

2001 $3.96

2000 $4.31

1999 $2.27

1998 $2.09

https://www.macrotrends.net/2478/natural-gas-prices-historical-chart

Norb Leahy, Dunwoody GA Tea Party Leader