This article outlines the dual benefit that cheap natural gas prices are having on the Steel Industry, particularly the domestic companies such as US Steel (X). Some of these companies are switching from coal to natural gas to burn their furnaces which is saving a substantial amount of money. Also demand for steel is increasing to develop that natural gas infrastructure. I really believe that our country needs to have the political will to embrace this natural gas boom, as dependence on oil has been one of the most problematic aspects for the United States on so many levels.
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