Remember That Crazy Talk About Natural Gas Powered Cars?

Henry Hub Natural Gas Spot Price Chart

Henry Hub Natural Gas Spot Price data by YCharts

If natural gas prices remain low relative to other fuels, utilities like American Electric Power (AEP) and PPL (PPL) will of course continue to switch to the fuel from coal. Whether the drillers and frackers create new gas supplies faster than we can use the stuff, of course, will determine prices going forward, and whether natural gas prices stay cheap compared to crude oil prices and gasoline prices. But don’t be surprised if natural gas powered vehicles, such as the Honda’s (HMC) Civic, attempt a comeback. Non-gasoline cars, including hybrids like Toyota’s (TM) Prius, have suffered because higher prices make the payback lengthy. Battery companies would likely prefer not to have new competition from natural gas.

From the editors of YCharts Pro Investor Service which includes professional stock charts, stock ratings, stock screener and portfolio strategies.

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