Obama Win Could be Good News for Natural Gas

- November 8th, 2012

Bloomberg reported that, while natural gas producers spent millions backing the Romney campaign, an Obama win may end of being beneficial, because many of his proposals and environmental regulations could boost demand.

Bloomberg reported that, while natural gas producers spent millions backing the Romney campaign, an Obama win may end of being beneficial, because many of his proposals and environmental regulations could boost demand.

As quoted in the market report:

While Obama will continue with a series of environmental regulations that would curb the production and use of coal, his policies promise to boost demand for natural gas in vehicles and power plants and facilitate domestic oil and gas output to levels not seen in more than two decades.

To view the whole Bloomberg report, click here.

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