Report: Natural gas prices to surpass wood pellets in 8 years

Biomass Power & Thermal
By Luke Geiver
June 05, 2012

A new report issued by FutureMetrics LLC predicts that the price of natural gas will be higher than that of wood pellet fuel within the next three to eight years.

“We believe that well before 2020 we will see the end of cheap natural gas,” the report noted. “Rapidly increasing global demand in the transportation and power sectors and the rapid growth of LNG export capacity will force domestic users to bid for gas against users in sectors and locations that are willing to pay much higher prices than we pay today.”

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