Why have our electricity bills shot up so much? We can blame the creative minds who, several years ago, began processing natural gas into a liquid state and shipping it overseas.
Exporting the product known as LNG — liquefied natural gas — opened cheap, plentiful gas available in Texas and Louisiana to the world market, making it less plentiful and cheap. The world’s gas problems became our problems.
Read More: The reason why your electricity bills are so high and other things to know about LNG