by kublikhan » Wed 22 Oct 2008, 15:58:11
$this->bbcode_second_pass_quote('shortonsense', 'N')ice chart. So....because we pay less than Ohio..in Colorado...where we have like real snow and cold weather and stuff, and probably use more, that is somehow an era of "ultra cheap"?
My "ultra cheap" comment was in response to this:
$this->bbcode_second_pass_quote('', 'L')ast fall, gas suppliers competing to stuff excess production into constrained pipeline systems drove spot prices to a laughably low 5 cents for 1,000 cubic feet of gas. That's the equivalent of a nickel to heat a typical house for two winter days.
"A lot of producers didn't think it was funny," said Porter Bennett, president and chief executive for energy analysts Bentek Energy LLC. "They were actually paying somebody to take it." Storing gas or turning off wells isn't always practical.
Yet for consumers across much of the West, where natural gas historically has been cheap and plentiful, the party is almost over, and it may have ended with that final discount splurge. The first of a handful of major new pipelines originating in the Rocky Mountains is starting to siphon away the bounty, promising lower prices for other regions. "If you don't care about the rest of the country, it's not such a good thing," Bennett said in Golden, Colo. "We kind of get screwed in the deal.
I consider 5 cents for 2 days of heat ultra cheap. You mentioned you closely watch your gas bill and did not notice any dip in price. Maybe the comment was from a different area then where you live in? Maybe it was only a brief dip and spot prices quickly recovered the next day, so any cheaper bill that day would be quickly overwhelmed by the other 29 days of the month. Maybe you only really crank the heater in winter and don't pay much attention to the bill in fall? I don't really know.
$this->bbcode_second_pass_quote('shortonsense', 'N')ah...I ain't buying. Is our gas cheaper? Sure....but slightly cheaper isn't "ultra", and with spot prices being much less than residential I'm not sure there isn't a huge component of utility "gimme's" involved.