X

Hopes gas prices drop in time for cold season

Posted 5/11/12

Would someone explain to me why our gas bills are so high? Last June, natural gas was selling for over $6 per 1,000 cubic feet shipped. Today, natural gas is selling for under $2 per 1,000 cubic feet …

This item is available in full to subscribers.

Please log in to continue

Log in

Hopes gas prices drop in time for cold season

Posted

Would someone explain to me why our gas bills are so high? Last June, natural gas was selling for over $6 per 1,000 cubic feet shipped.

Today, natural gas is selling for under $2 per 1,000 cubic feet shipped.

I heard a blurp on the radio last June that the gas company had locked in a certain dollar amount for the upcoming winter.

If that’s true, I can understand why no decrease. But now with the price under $2, does that mean our gas bills for this coming winter will be down two thirds?

I hope so.