UNG - The Electric Vehicle Revolution: Why The Death Of Natural Gas Is Greatly Overstated

• The electrification of the US automobile fleet has gained momentum in recent years, promoted as a green alternative to the carbon-based fuel industry.
• However, electricity is a secondary energy source. It must first be generated and then be used to charge electric vehicles.
• Even with the growth in renewable energy such as solar and power, the nationwide power stack continues to rely heavily on carbon-based fuels, with natural gas providing the greatest contribution.
• This article examines the impact of the growth of electric vehicles on natural gas demand over the past 5 years and the next decade.
• It explores investment in the electric vehicle sector beyond directly buying EV makers.

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