Ohio Moms

TheFamilyPants
Heating Your Home this Winter
October 4, 2012 at 8:00 AM

According to the Natural Gas Supply Association, consumer pricing for natural gas will be going up this winter. Which means  it will be more expensive to heat the  home for the 57 million households that use gas.

Using published reports from federal and private analysts, the association evaluated the combined impact of the economy, weather, customer demand, gas production and storage inventories on prices for the coming winter, and then compared it to the same factors from last year (November through March). They have  estimated there will be a 16 percent increase in demand for heating this winter over last winter, mostly because federal weather forecasters are predicting a colder winter than last.


Basically, Energy Ventures Analysis analysts are finding good reason to expect  a much colder winter this year than we has last year.


What I find interesting about this is that the amount of gas in storage, estimated a week ago by the U.S. Energy Information Administration, was about 9 percent above the five-year-average for late September. "The robust supply figures are just a part of our overall strong supply story," said Greg Vesey, vice chairman of NGSA and president of Chevron Natural Gas, referring to the number of wells that have been drilled (fracking) but their production held back. "Natural gas supply can now respond quite swiftly to changes in demand. There are numerous completed wells in shale areas that are not yet producing natural gas but can be quickly accessed and flowing gas when the market calls for more supply."

So I'm confused. We have "robust supply" and wells that can be "quickly accessed" and "flowing gas" when demand calls for it. So why are the gas prices going up again? Because it's colder? Sounds fishy to me.

 

What about you? Do you heat with gas?  What do you think of this report? 

studioimagen

Replies

  • liveforever
    October 4, 2012 at 9:36 AM

    We do heat with gas. Im thinking our bill will actually go down though compared to last year. We were living in a rental with original windows (1918) and a horribly old furnace. We just bought our 1st home that had new windows and furnace in 2008. We turned on the heat when it got cold the other night and actually shut it off it got so warm so fast lol.

  • GleeFan
    by GleeFan
    October 4, 2012 at 11:51 AM

    We heat with gas as well. sigh

  • mommyfrey83
    October 4, 2012 at 12:25 PM

    We heat with gas. I'm hoping for good prices though, we live in a more efficient apartment now. 

  • BengalsN.Browns
    October 4, 2012 at 12:35 PM

    Our home was considered a green build all with energy effecient materials. Here is hoping they do what they are supposed to.

  • johnny4ever
    October 4, 2012 at 1:31 PM

    We just got our new furnace installed yesterday!

  • MamaCarterof5
    October 4, 2012 at 2:29 PM

    Lock in your low rates now. You can do it until the end of the month.

    We locked in and will pay the same rate we do now for the next 7 months until our rate lock is over.

    They gave us the option to lock in the current rate for 12 months but the danger in doing that is IF the rate falls (and it has done so before) we are stuck paying this rate.

  • TheFamilyPants
    October 4, 2012 at 2:34 PM


    Quoting MamaCarterof5:

    Lock in your low rates now. You can do it until the end of the month.

    We locked in and will pay the same rate we do now for the next 7 months until our rate lock is over.

    They gave us the option to lock in the current rate for 12 months but the danger in doing that is IF the rate falls (and it has done so before) we are stuck paying this rate.

    Great advice! Thank you :)

  • Misha1204
    October 4, 2012 at 6:51 PM
    Gas heat, here.
  • sheila5745
    October 5, 2012 at 8:28 AM

    Yes we do heat with gas, but have no choice. That's all we have. With poor circulation on top of that I keep my heated blanket going through the day, and furnace turned down. My hubby comes home late and he turns it up.

    Another way just to get more money. But I did see an add where one of the big washington or Ohio guys voted to raise all that too. Who knows what this world is coming too.

    I wish we could get some honest, loving, caring people in office that really was for the American people to help get this country back on it's feet. Sorry I went off the beaten path. But I am so tired of all this, I won't raise taxes and I will get the people what they need and I will vote to stop this.. Ok show me the car fax

    As for this winter, we had such a mild winter last year. Yes we are suppose to have a much harder winter. Which means my bill will go up a bit, cuz I never go any where.. Have a great day...

  • horsesteelers
    October 5, 2012 at 10:16 AM

     We have electric. We use to have propane and I'm glad we don't anymore. Although our electric budget has went up two times since we moved here a year ago. Was $154.00, then $165.00 and next month it goes to $169.00 or $179.00, I can't remember which. I'm glad to be on a budget though because it runs between $200.00 to $300 and some dollars and our place isn't that big. Two story duplex. Three BR and 1 1/2 BA and a garage.

Ohio Moms

Active Posts in All Groups
More Active Posts
Featured Posts in All Groups
More Featured Posts
close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN