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Joined: Oct 2007
Posts: 2,435 Likes: 12
10 point
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10 point
Joined: Oct 2007
Posts: 2,435 Likes: 12 |
The high prices you see today will be the norm going forward probably. With the infrastructure needed for these AI data centers and more LNG plants coming online, this is a recipe for disaster for the consumer. These data centers basically amount to a new city being built in a short amount of time so utility companies are scrambling to get new infrastructure in place to power them and we are going to pay for it. The new LNG plants in Texas and Louisiana will be the destination for a ton of US Natural gas as the price for gas in Asia and Japan is over 3 times what it is here in the US. Limited pipeline capacity is also another factor. There’s tons of natural gas in the Permian but it’s destined for the Gulf Coast in the future as there’s WAY more money in exporting it than keeping it here. As more gas leaves the US, the surplus declines which leads to higher prices. And when the gas prices rise, you get the added “fees” on top of your normal usage. People are also seeing “delivery” fees added in which is the additional costs utility companies are paying to get their gas in a pipeline. Until the US makes these data centers be self sufficient with their own power generation, we are going to bear the brunt of making these companies even richer!!!
Fatal Attraxion Custom Calls
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