U.S. gas market struggles with persistent oversupply

It is incredible how long it takes to change minds. Natural Gas has been in oversupply in the US for quite a number of years now which resulted in low prices for the molecules at all times. Compared to that, gasoline and diesel are still quite expensive. Natural Gas as a fuel for vehicles grows at quite a healthy pace in North America but considering the price advantage, that should be a whole lot quicker. Most of the stumbling blocks are regulatory in nature. Removing them would be a very worthwhile venture.

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