https://robertbryce.substack.com/p/the-era-of-super-cheap-natural-gas
By Robert Bryce
Excerpt:
Over the past 15 years or so, thanks to the shale revolution, American consumers have saved untold billions of dollars on gasoline, diesel fuel, and natural gas. The natural gas story is particularly significant. Since 2005, domestic natural gas production has more than doubled, and the inflation-adjusted price of gas has fallen like a rock. In 2023, the spot price for gas at Henry Hub, America’s main gas trading point, was $2.50 per million Btu. In 2024, that price fell to $2.20 per MMBtu. For comparison, the inflation adjusted price of gas (2024 dollars) in 2010 was over $6 per MMBtu.
About 35% of all US primary energy now comes from natural gas. (Oil provides about 39%). Given the US economy’s heavy reliance on gas, it’s evident that low-cost gas has been a key factor in the resilience of the US economy over the past decade. Furthermore, that same flood of gas has turned the United States from a prospective importer of liquified natural gas to the world’s largest LNG exporter.
But the ongoing boom in LNG export capacity, combined with Big Tech’s insatiable demand for the juice it needs for AI, is fueling an unprecedented surge in demand for gas. Analysts and pipeline companies are predicting that US gas demand could jump by about 25% between now and 2030.
Will the US drilling industry be able to meet that demand? Tens of billions of dollars are riding on the answer to that question. Here’s a deep dive into the US gas sector, with nine charts.
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Climate Depot’s Morano comment: “We may have to look at scaling back LNG (Liquefied Natural Gas) exports as needed to benefit American consumers. Are we riding the correct horse when it comes to the alleged ‘AI race’ to beat China? Should we be reconsidering our AI push because AI power demands are set to harm American consumers and possibly derail the Trump Administration’s energy plans?
We have to be wary that Big Tech subsidies and AI data center power demands are gutting Trump’s agenda of plentiful, cheap energy.
With current AI policies, we may be heading straight to a huge consumer rebellion over rising utility bills in the USA. AI may have its pluses and minuses, but for anyone who thinks that Big Tech billionaires are pushing AI to make our lives better, think again: AI has a massive potential to control our lives.
Are American consumers going to be stuck with subsidizing Jeff Bezos, Mark Zuckerberg, and Bill Gates’ grandiose AI visions? Perhaps it’s time to send these AI-induced, larger electricity bills directly to Big Tech.”
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Related:
Shocked by Your Electric Bill? AI Is Spiking Prices 20% in These 13 States
As Microsoft AI CEO Mustafa Suleyman warns in “The Coming Wave,” his book co-authored with Michael Bhaskar:
“AI can provide rocket fuel for authoritarians and for great power competition alike … an ability to capture and harness data at an extraordinary scale and precision; to create territory-spanning systems of surveillance and control.”
New gargantuan AI data centers will use the same electricity as 2 million homes
POLITICO: Fact-checking the electricity bill debate – The Bureau of Labor Statistics shows that electricity prices are up 6.2 percent from last year, rising faster than inflation. … According to the Energy Information Administration, electricity prices have been outpacing inflation since 2022. Utilities set those rates in advance, reflecting factors like the cost of new infrastructure, pressure from data centers and wildfire prevention.
Listen: Morano on DC’s WMAL talking AI Data Centers
Big Tech is overloading the grid.
Google expands Virginia data centers with $9 billion investment, but some residents feel they are paying the price – Virginia has the world’s densest concentration of data centers, and the implications are far-reaching. … Christopher Miller, the President of the Piedmont Environmental Council.: “They’re breaking the energy system, they’re breaking water supply systems, and the potential going forward has to be evaluated before you say yes.” – “We’re concerned that no one really understands the implications, and how the average Virginian is going to be subsidizing, practically a new tax, the biggest corporations in the world, and the ones that are the most profitable and richest,” said Miller.
Trump Interior Sec. Burgum: Losing AI race is more dangerous than climate change
Wake Up America: We’re Nearing An Electric Grid Blackout Disaster
The AI energy crunch has a cure: End the CO2 ‘Endangerment Finding’
Bill Gates’ firm has ‘insatiable appetite for power to feed its AI habit’
Robert Bryce: ‘The Era Of Super Cheap Natural Gas Is Ending’ –
‘Soaring LNG exports & power demand for AI are driving up natural gas prices’https://t.co/rz7zRPu5oz
— Marc Morano (@ClimateDepot) September 18, 2025
Anti-fossil-fuel activists have claimed for years that exporting LNG would make natural gas expensive in the US.
Reality has proved them wrong again and again.
As we've continued to export LNG, gas prices have stayed low and we've supplied our allies with reliable energy. https://t.co/qypiKey9J7
— Alex Epstein (@AlexEpstein) October 22, 2025
