Natural gas is a publicly traded commodity and like other fuels, its price is influenced by the market forces of supply and demand. At CenterPoint Energy, we work hard to secure ample supplies of natural gas. With long-term availability of U.S. natural gas supplies, choosing natural gas is the best choice because it’s affordable, abundant, domestic and environmentally-friendly.
Clean-burning natural gas costs less to use than any other energy source. In fact, natural gas is about half the cost of other fuels.
Natural gas prices continue to remain low, making natural gas your best energy value.
According to America's Natural Gas Alliance, there is more than a 100-year supply of natural gas in the United States, much of which can be attributed to supply from shale gas fields.
Learn more about the availability of natural gas
Storage levels (the amount of natural gas kept underground or in above-ground storage containers) are above the five-year average and continuing to grow.
Total annual natural gas consumption is expected to remain relatively flat for the short-term future. Longer-term, the demand for natural gas is expected to continue to increase due to increased demand for low-carbon fuels.
Currently, 98 percent of the natural gas that is used in the U.S. is produced in North America.
Learn more about where natural gas comes from.
|BETTER FOR THE ENVIRONMENT|
|As a primary fuel that can be used in its natural state rather than undergoing a pollution-producing, energy-wasting conversion process, natural gas leaves about half the carbon footprint of electricity. See a side by side comparison.|
Natural gas is cleaner than electricity, releasing:
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