FERC report highlights natural gas achievements in 2014 [VIDEO]

Transcript

Natural gas had a bang up year in 2014, but don't take our word for it.

This month, FERC released its State of the Markets report, breaking down performance among the diverse energy industry over the course of the last year. To no one's surprise, natural gas outshone all other energy sources with increased demand, renewed storage deficits and dipping costs.

But while low prices on the wholesale market could mean high costs at the retail energy level. After a grueling winter earlier this year, natural gas supply lines in the Northeast couldn't meet demand, leading to energy hikes for end-users. Luckily, additions and expansions to natural gas pipelines helped mitigate the problem. Despite fluctuation, natural gas retail prices were reportedly lower this year than last.

Thanks for listening. Be sure to join us next time for more energy news!