The "It" Energy
Natural gas has moved to the front burner, so add some spark to your investment portfolio.
Inhaling it can be lethal, but when mixed properly, natural gas may breathe new life into your financial portfolio. U.S. natural gas prices, which trade at about $7 per million British thermal units, are up about 17 percent in the last year. They're off their midsummer high of about $13/MMbtu, but experts predict that natural gas investments are poised for a long-term rise, especially with a new federal administration. After all, alternative energy now carries bipartisan focus. "Energy, in general, has eclipsed Iraq as the number-one conversation in Washington," says R. Skip Horvath, president and CEO of the Natural Gas Supply Association. "That's a sea change. Natural gas will be in conversations for several years."
Why? Natural gas is a triple threat in the energy world. It's clean to produce, cheap relative to oil and plentiful--thanks to recent discoveries of so-called "unconventional" gas. Increasingly, drillers are tapping into shale deposits and coal-bed methane for new supplies. Natural gas also burns cleaner, with less than half the carbon dioxide emissions relative to coal. Plus, it's sort of patriotic. "A lot of the oil we use is derived from overseas; with natural gas, a plethora is here in the U.S.," says Steven Rogé, portfolio manager with R.W. Rogé and Co.
Continue reading this article - and everything on Entrepreneur!
We make some of our best content available to Entrepreneur subscribers only. Become a subscriber for just $5 to get an ad-free experience, exclusive access to premium content like this, and unlock special discounts.
Entrepreneur Editors' Picks
-
How Millionaires Prepare for a Recession, According to a Former Wall Street Trader
-
5 Self-Care Habits of Every Successful Entrepreneur
-
Listen Closely to What People Ask You. That's Where to Find Your Hidden Power.
-
Gen Z Customers Want More. This 3-Step Strategy Will Help Your Company Give It to Them.
-
This Founder Was Madly Pulling a Pandemic Pivot When...the FBI Showed Up at Her Door With Guns, Seized Her Money and Told Her Husband He Was the Target of a Criminal Investigation
-
Take Customer Service to the Next Level With These Service-Based Franchises
-
Define Your Short-Term Goals With These 3 Components for Long-Term Success