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Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power

How Cheap Natural Gas Is Rewriting the Power Grid

This episode of Energy Economics with Fexingo digs into the surprising story of natural gas prices in mid-2026: Henry Hub is hovering around $2.79 per MMBtu, down sharply from the volatility of recent years, even as crude oil and gasoline remain elevated. We explore why gas is cheap — the shale boom, export bottlenecks, and mild weather — and what that means for power generators, renewable energy projects, and consumers. Lucas walks through the economics of fuel switching, explaining why utilities are leaning on gas-fired plants as a bridge fuel, while Luna presses him on the long-term…

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