Much was made of how natural gas eclipsed coal as the primary power-generating fuel in the U.S. in the last few years, and again when coal retook primacy more recently.

Politics and economics will continue to complicate that picture, but in the long run midstream operators in North America must be prepared for gas to emerge on top.

“There is clear [government] policy support in the U.S. for coal burning and coal production, but at the end of the day, Henry Hub economics will eventually undermine coal,” said Ira B. Joseph, head of gas and power analytics at S&P Global Platts. He spoke at his company’s annual client conference Oct. 12.

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