Never heard of these "green houses" before but sure makes a lot of sense to me !!!
I'm looking at a 10 year NG chart (monthly).
If I were trying to decide whether to build a plant or what ever based on NG as a fuel between say 2003 and 2009 I'm not sure what conclusion I would draw.
[And, yes, just looking at a price chart for NG and CL futures really says nothing for the final cost of fueling a power plant with either fuel. But I'm pretty sure there would be a fairly close relationship.]
I think a lot has come to the forefront recently on NG reserves/availability both domestically and nearby that maybe the picture is changing dramatically over the last year or so ??
The crude chart is quite different and not as erratic. Just a consistent run up to mid 2008 and now cranking back up since early 2009.
Glad I don't have to make the decision as to how to fuel a power plant !! I haven't even looked at Coal. Likely cheaper but the hardware costs for emissions likely make it impractical/very difficult today ???
I'm all for Nuclear and we wouldn't be having these problems !!
Three Mile Island was a "non event" and the technology has certainly improved for controls/supervision/monitoring since then. The PC didn't exist when that TMI plant was designed/built.