jazz4cash
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Where are nat gas retail prices headed?
We use nat gas to heat our home. We can choose the supplier and currently have a supplier based in Atl. Our contract for 12 months is .49/therm. The new offer effective Dec is a 12 month contract for .69 cents. I also see some offers for .67/therm fixed for 3 years. Current variable rate is .79/therm
I hear alot about oversupply and gas flaring in North Dakota because they have no way to get the gas to market.....maybe not relevent.
OTOH, nat gas prices surged the other day when a midwest cold snap was forecast.....
I am inclined to go the variable rate path and take my chances.
Any feedback, insight, etc. on how to play (hedge) these choices is appreciated.
FWIW, I wrote this awhile back wrt Electricity......
http://www.early-retirement.org/forums/f28/electric-choice-in-md-25469.html?highlight=electric
We use nat gas to heat our home. We can choose the supplier and currently have a supplier based in Atl. Our contract for 12 months is .49/therm. The new offer effective Dec is a 12 month contract for .69 cents. I also see some offers for .67/therm fixed for 3 years. Current variable rate is .79/therm
I hear alot about oversupply and gas flaring in North Dakota because they have no way to get the gas to market.....maybe not relevent.
OTOH, nat gas prices surged the other day when a midwest cold snap was forecast.....
I am inclined to go the variable rate path and take my chances.
Any feedback, insight, etc. on how to play (hedge) these choices is appreciated.
FWIW, I wrote this awhile back wrt Electricity......
http://www.early-retirement.org/forums/f28/electric-choice-in-md-25469.html?highlight=electric