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Page added on June 13, 2005

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Electrifying Natural Gas Rise

For five years, there has been a giant sucking sound in the natural gas industry in the United States.

Prices for the fuel were low until 1999, averaging $2 to $3 for a million BTUs. Since then, the price has climbed to $7. After the increase, many Toledoans’ heating bills soared, often to several hundred dollars for a particularly cold month.

What changed?

New technology paved the way for cleaner, cheaper to build, and more efficient electricity generating plants that run on natural gas. To meet the nation’s hunger for power, hundreds of the mini-power plants were constructed.
ToledoBlade.com



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