When energy prices in the United States were high, the nation saw an exodus of companies moving offshore to obtain lower operating costs. Those industries have been slowly moving back, as hydraulic fracturing has dramatically lowered the cost of natural gas in the United States and allowed natural gas generation to compete with coal in the electricity sector. Unfortunately, President Obama’s regulations are going to make energy much more expensive in the United States, as his so-called “Clean Power Plan” and his methane rule get implemented.
