The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

What “supply and demand” means for natural gas prices

Mar 13, 2006

A new report by the Consumer Federation of America showed that natural gas usage is down this year by 5%. The supply of natural gas, at the same time, has remained steady.

According to the law of supply and demand, that means natural gas prices should be down, right? No, on the contrary, prices are up 28% this year.

Somebody is paying lower prices for natural gas, but it certainly isn’t us. A large supply of profits is obviously in great demand!