Monday, December 26, 2005

Natural Gas Prices

Earlier this year I was really worried about heating costs this winter, as natural gas (NG) prices doubled and then almost quadrupled after hurricanes Katrina and Rita. I recently got our gas bill and ran the numbers. Real world consumer increase (at least for me) appears to be 44.5%. That is not a small increase, but its not nearly as bad as it might have been. I do worry about those living up north on moderate to low incomes, they are going to feel a big bite in their wallets this winter!


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