Question

If the United States were to export more of its supply of natural gas, what would happen to the price of natural gas in the United States? Please provide an explanation.

A) The price of natural gas would rise in the United States.
B) The price of natural gas would fall in the United States.
C) The price of natural gas would fluctuate in an unpredictable pattern.
D) The price of natural gas would not change in the United States.

Answer 1

Option A) is correct

Step-by-step explanation:

The demand for a product and it's price are directly proportional.

As the United States increases the export of its supply of natural gas, the supply of natural gas in the United States itself reduces. So, the demand for natural gas in the United States increases.

As a result, the price of natural gas in the United States increases.

So, option A) is correct.