Monday, April 29, 2013

Natural Gas Gives Households a Break on Energy Bills

Utility and Manufacturing companies may be enjoying the benefits of cheap natural gas in the U.S., but what about everyday American consumers? According to the Energy Information Administration, quite a bit. In 2012, only 2.7% of total household income was dedicated to energy bills, the lowest its been in a decade. Much of that can be attributed to a 3% reduction in residential gas prices. 

Certainly, increased production is a big reason for this -- but its not the only reason. We also need to consider that pipeline infrastructure over the past few years has allowed gas to more efficiently reach the market. In this video, Fool.com contributor Tyler Crowe takes a look at some of the driving forces behind this drop in energy bills, and if we can expect this trend to continue through 2013.

It's easy to forget the necessity of midstream operators that seamlessly transport oil and gas throughout the United States. Kinder Morgan is one of these operators, and one that investors should commit to memory due to its sheer size – it's the fourth largest energy company in the U.S. – not to mention its enormous potential for profits. In The Motley Fool's premium research report on Kinder Morgan, we break down the company's growing opportunity – as well as the risks to watch out for – in order to uncover whether it's a buy or a sell. To determine whether this dividend giant is right for your portfolio, simply click here now to claim your copy of this invaluable investor's resource.

No comments:

Post a Comment