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Old 07-09-2005, 12:34 PM   #1 (permalink)
{OF}MadD!
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Natural Gas Prices....your opinion

It's time for me once again to choose a natural gas supplier for my home heating here In Ohio. I've been offered 2 long term fixed rate options that I'm intrested in.

1. $9.39/Mcf for 3 yrs fixed price
2. $9.95/Mcf for 5 yrs fixed price

Do you expect Natural Gas prices to keep inching there way up?
What does the future hold in Natural gas pricing?......anyone have any idea? For some reason I'm making this a tough decision.
I'm leaning towards picking option 2 for 5 yrs.
If I cancel early under the 3 yr term there's a $50.00 dollar cancellation feeand a $100.00 under the 5 yr term.

My thoughts are natural gas prices are going to keep rising.
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Old 07-09-2005, 01:08 PM   #2 (permalink)
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yeah they will keep rising until something disasterous happens forcing us to go to some other type of heating like electrical heating (which is cleaner than gas just not as efficient).
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Old 07-09-2005, 03:02 PM   #3 (permalink)
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http://www.homepower.com/

On edit...the future of power in the world will be that of a distributed model. The technology is becoming available that will make it easy for the average citizen to generate their own power. I think the giant energy companies see this and they are milking us now.
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