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Duke Energy CEO Cautions Against Overreliance on Natural Gas

Jim Rogers, CEO of Duke Energy, told a conference in Washington, D.C., yesterday that he believes an overreliance on natural gas for electricity generation carries some risk as the volatility of natural gas prices could compel power generators to import
June 15, 2011

Jim Rogers, CEO of Duke Energy, told a conference in Washington, D.C., yesterday that he believes an overreliance on natural gas for electricity generation carries some risk as the volatility of natural gas prices could compel power generators to import more LNG from foreign suppliers. Rogers cautioned against tying the U.S. “grid to foreign sources of energy.” Reuters provides additional details.

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