Natural Gas Prices Surge, Boosting Coal Use

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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Benchmark U.S. natural gas prices surge, leading to increased coal use and higher power sector emissions. Despite the environmental impact, utilities are turning to coal to manage costs and ensure a reliable power supply. This trend is expected to continue, with coal output rising and gas-fired power output decreasing, potentially leading to a ten percent or more increase in natural gas costs for the power sector.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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