The natural gas drilling boom that revitalized the American energy industry has been less favorable for Texas power generators, who’ve seen their margins squeezed by cheap natural gas and accompanying low electricity prices.

Companies that built or bought generating plants before the price of natural gas fell from a high of about $13 per million British thermal units in the summer of 2008 are now contending with gas prices in the $2 range — and they aren’t expected to increase above $5 for the next several years.

Read the full article at the Dallas Business Journal. (subscription needed)