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2009-02-02 Home Front Economy
Natural gas glut could hit U.S.
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Posted by Fred 2009-02-02 00:00|| || Front Page|| [1 views ]  Top

#1 But I suspect that somehow I won't be paying less for natural gas...
Posted by Spot">Spot  2009-02-02 07:59||   2009-02-02 07:59|| Front Page Top

#2 seven massive natural gas export terminals are expected to start up overseas this year
And nobody in the US wants a new import terminal in their backyard.
Posted by Darrell 2009-02-02 08:55||   2009-02-02 08:55|| Front Page Top

#3 I guess Pacific Gas & Electric will reduce my bill. (NOT)
Posted by GolfBravoUSMC 2009-02-02 09:23||   2009-02-02 09:23|| Front Page Top

#4 Risk, uncertainty, and profit.
Posted by Nimble Spemble 2009-02-02 09:25||   2009-02-02 09:25|| Front Page Top

#5 We bring it in and can charge the other companies for storage.

Works for me.

Either way, I still don't think my gas bill will go down. Fortunately, it is pretty cheap to heat the house with and is still cheaper than electricity.
Posted by DarthVader 2009-02-02 10:57||   2009-02-02 10:57|| Front Page Top

#6 Spot, i'm with you on that , they will come up with some excuse like having too pay for these new refineries or whatever. I just don't see how ppl in more morthern states than me (GA) afford heating with natural gas since a couple of years ago my bill came in at about $400 a month
Posted by rabid whitetail 2009-02-02 13:43||   2009-02-02 13:43|| Front Page Top

#7 You have to close the windows, rw!
Posted by Darrell 2009-02-02 13:47||   2009-02-02 13:47|| Front Page Top

#8 Damn, RW!

That is some expensive gas! In the dead of winter with temps hitting 0, my monthly gas bill comes to $150 and I keep the temp at 71F at all times. And that is a 3 bedroom, 1 loft 2000sf house. It drops to about $25 in the middle of summer when we have the AC on and don't use much heat.

Remind me never to move to Georgia.
Posted by DarthVader 2009-02-02 13:53||   2009-02-02 13:53|| Front Page Top

#9 Remind me never to move to Georgia.

Maybe this is too soon but......
Posted by Besoeker 2009-02-02 13:55||   2009-02-02 13:55|| Front Page Top

#10 our bill for Jan was about $320, about $80 for transmission and distribution by the local company; the rest for the gas and interstate transmission.

This is in Maryland (4 bedrooms, two occupied & heated levels, about 1200 sq ft for each level). Last year's bill for the same period was about $200 but it was a 30 period instead of a 34 day period this year. Also, last year the temp ave was 43F and this year 36F (according to the utility). We keep the thermostat at about 64F downstairs which results in an upstair temp of about 69F.
Posted by mhw 2009-02-02 16:19||   2009-02-02 16:19|| Front Page Top

#11 windows where closed, house about 1500 sq ft., and i even had the gas company out checking for leaks. When they came i also dropped my pants and bent over as a down payment on the next month
Posted by rabid whitetail 2009-02-02 18:28||   2009-02-02 18:28|| Front Page Top

#12 Here in SE Pennsylvania, PECO raised the Nat. Gas rate by 8.5% effective 1/1/09.
Posted by Tom- Pa 2009-02-02 18:39||   2009-02-02 18:39|| Front Page Top

#13 Thank Rendell and the rest of the donks you guys have put in charge.
Posted by Nimble Spemble 2009-02-02 19:09||   2009-02-02 19:09|| Front Page Top

#14 rw, how well insulated is your house? And do you have window covers that you keep closed at night and during the day when you're not home?

Two factors that help us manage our heating bills - which are less than yours despite the fact that we have a much larger house in the northeast where we're currently surrounded by snow and ice. We do, however, heat with heating oil rather than natural gas.
Posted by lotp 2009-02-02 19:43||   2009-02-02 19:43|| Front Page Top

#15 Northeast Philadelphia area, 55-year-old, 1600-sq.-ft-heated rancher at 70 degrees. Uses 3.5 gal of fuel oil per day in the worst of the winter. At $2.50/gal that's $270 per month. You do need better insulation.
Posted by Darrell 2009-02-02 19:47||   2009-02-02 19:47|| Front Page Top

#16 My inlaws in NY have a poorly insulated old house. When the temperature drops below zero and the winds get above 15 mph the oil burner consumes almost a gallon per hour, running wide open, and can't keep the house at 60 degrees. Fortunately such conditions only occure when Al Gore is in town. Insulation matters!
Posted by Glenmore">Glenmore  2009-02-02 20:11||   2009-02-02 20:11|| Front Page Top

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