Skip to content
Subscriber Only

America Is Awash With Natural Gas and It’s About to Get Worse

  • Despite a glut and depressed prices, shale output still grows
  • Prices fell Friday below the $2 mark for first time since 2016
Water vapor rises from cooling towers at the Appalachian Power Co. natural gas plant in Dresden, Ohio, U.S.

Water vapor rises from cooling towers at the Appalachian Power Co. natural gas plant in Dresden, Ohio, U.S.

Photographer: Ty Wright/Bloomberg

Updated on

Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.

One chilly day in October, President Donald Trump boarded Air Force One and flew to Pennsylvania to hail one of the state’s most important industries -- not coal, but natural gas.