Sun About to Shine on Natural Gas In August 2011, the price of natural gas was roughly 70 percent below its 2008 high, but with the growth of shale gas supplies expected to slow as frackingusing high-pressure water and chemicals to extract natural gas from shalecame under tighter regulation, the price is expected to rise. Conventional natural gas output was falling, U.S. natural gas inventories are low, and the demand for natural gas continues to rise, as the cleaner burning fuel displaces coal to generate electric power. Source: Edmonton Journal, August 18, 2011 If fracking was completely banned, how would you expect the price of natural gas to respond? What could cause the price of natural gas to fall in the future? If fracking is completely banned, we would expect the price of natural gas to . The price of natural gas could fall in the future if A. rise or fall depending on the resulting change in demand and change in supply 0 A- changes in the prices 0f SUbStitl-'tes increase the demand for natural 935 B. remain unchanged 0 B. the marginal cost of extraction increases .VQ rise 0 C. land owners ght against future pipelines carrying natural gas D. fall 0 D. technological change decreases the demand for natural gas