It's a rare time I agree with Obama on public policy!
There is debate over the what might happen to the price of natural gas in the near future. Some are predicting big price increases. I tend to think the supply is so abundant that the price won't rise much - even if new pipelines increase demand dramatically. Cases like China, South Africa, and New York which might start increasing their production dramatically are part of why I have this opinion.
In econ-speak - the supply of natural gas should be very elastic. As price rises a little, the supply should increase dramatically. As long as that happens, we shouldn't expect a big price increase.