EPA ruling may be a ‘big plus’ for natural gas

The U.S. Supreme Court ruling against the Environmental Protection Agency’s regulations on power-plant emissions is a “big plus” for natural gas, an analyst said Monday.

“The ruling also will be a negative for solar and wind which may be a positive for natural gas .... Those proposed solar and wind facilities may now be natural gas,” said Richard Gechter, Jr., principal and president of Richard W. Gechter Natural Gas Consulting.


Prices for natural-gas futures climbed Monday, with the August contract NGQ15, -0.50%  up 3.5 cents, or 1.3%, to settle at $2.805 per million British thermal units

“Some utilities are still going ahead with their alternative-energy plans,” Gechter said The original EPA rules aimed at reducing pollution were “mandatory” and now power plants “have some flexibility,” he said.

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