So much for the myth that fracking = cheap energy. [View all]
"Natural Gas Climbs for Second Day on Outlook for Hot Weather
Natural gas futures advanced for a second day in New York on forecasts for above-normal temperatures that would boost demand for the power-plant fuel to run air conditioners.
Gas gained as much as 2.6 percent after Commodity Weather Group LLC in Bethesda, Maryland, predicted warmer-than-average weather in the Northeast and Great Lakes region through May 24. The high in New York on May 22 may be 82 degrees Fahrenheit (28 Celsius), 10 more than usual, according to AccuWeather Inc. in State College, Pennsylvania.
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The futures jumped the most in three weeks on May 17 after the U.S. conditionally approved the Freeport LNG liquefied natural gas export project in Texas."
http://www.bloomberg.com/news/2013-05-20/natural-gas-rises-5-from-week-ago-as-u-s-approves-lng-exports.html
Hello? The gas is going wherever it can fetch the highest price, meaning Americans will be just as vulnerable to price swings as they have been.