Senator Voinovich questions John Rowe, CEO of Exelon, about new nuclear and low cost natural gas
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He's entirely right that natural gas COULD stifle investments in alternative options by remaining cheap for the next 10 years. So let's just put all of our eggs in that basket, right?
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If we do all put our eggs into that basket, what are the chances that natural gas will REMAIN cheap?
Based on what I learned in Econ 101, plus what I have learned by watching markets over the 30 years since then, is that increased demand for a supply limited commodity leads to increased prices.
atomicrod59 2 years ago