September 20, 2006

NOW IS THE WINTER OF OUR CONTENT:

Natural gas prices heading down this winter (ANDREW SHAIN, 9/20/06, Charlotte.com)

Charlotte-area natural gas heating bills should fall at least 15 percent this winter, or an average of about $100, based on current rates.

And recent drops in wholesale costs -- approaching yearlong lows -- suggest more rate cuts are on the way. Also helping: Analysts say gas inventories stand at historic highs and state climatologists expect a mild winter. [...]

Wholesale costs so far this month are half what they were a year ago. A pair of Gulf hurricanes cut production in 2005, sending some early winter bills up as much as 80 percent.

Posted by Orrin Judd at September 20, 2006 12:00 AM
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