Posted on 09/08/2005 3:30:52 PM PDT by Crackingham
No wonder my damn electric bill went up to $215 from $180 last month. Most of DFW area is gas..
I sure with they'd add on to Commanche Peak.
Whoa. Better stock up on the thermal unmentionables.
I sure hope this will help sell some gas drilling prospects.
Natural gas is at $11 or $12 now compared to $6 last year. An increase of 70% seems to be a done deal, and more.
My wife is the one who keeps our house hotter than a toaster oven all winter. I think my core body tempature is about 20 degrees higher than hers.
LOL. I like it warmer than Mr. Mew, but with an increase like this I may just end up dressing like the Michelin Man all winter.
Geez, it already costs a fortune to heat my place. I left work a little early today to meet with a guy who's installing a new furnace for me this fall. Should have ordered a woodburner instead.
I'm trying to remember the reasons that were adduced for switching to natural gas, but I am pretty sure that one of the ones was that it was inexpensive. It looks like that reason can be stricken from the list if we are going to see another 70% hike in natural gas prices.
No doubt - I have an airtight woodstove to repair and wood to cut. I have a feeling the NG heat bills are gonna hurt pretty bad this winter.
It's gonna hit low income folks pretty hard. But Dems never think about that, do they, when they scream bloody murder about drilling and pipelines. Bet those principled Dem pols don't have to worry about paying their heating bills.
Hundreds of Natural Gas wells all over the country that are either capped, or just un-used. NW Arkansas is just one example that I am familiar with. There is less excuse for a price jump of natural gas than there is for a gasoline price jump.
I'm thinking that helping to pay elderly parent's energy bills this winter would be a fantastic Christmas gift!!
Ive been trying to convince my grandmother to enclose her open staircase for years. This winter may change her mind.
I just KNEW buying a house that has 2 fireplaces and a woodburning stove was a good idea :)
Wada I do....Sell my 'gas fired' utes and buy more gas producers? Just plain torn here......;^)
It would indeed! :)
It cost us a lot upfront, but now I am SO GLAD we insulated our new house with closed cell spray-foam. Real Life tests show that it cuts energy bills by 40% over standard insulation.
My wise husband locked in our propane at last December's prices. It still cost over $500 to fill but it looks like we got a bargain.
At $12 mmbtu which is double the price last year and 4 times the price two years ago why would anybody have a producing gas well capped? It doesn't make sense. Gas wells don't need to be pumped you just open the valve and the gas comes flowing out. The only possible explanation I can think of would be the lack of a pipeline to put the gas into. If the wells are any good the cost of building a pipeline at these prices starts to look insignificant and they can build them unbelievably fast.
I'm in the gas business and we are drilling wells and building pipe here in the Powder River Basin of Wyoming as fast as we can. But they are coal bed methane wells which have marginal economics compared to traditional gas wells. The wells are cheaper because they are shallow but they produce a fraction of the gas of traditional wells and a lot of water needs to be pumped out of the wells with electricity unlike traditional wells that flow on their own pressure. The economics only work when gas prices are quite high. It makes me think we are scraping the bottom of the barrel for natural gas.
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