Bringing the Heat
Cheap Shale Gas Keeping Americans Warm
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  • Douglas Schmitt

    Yes, the long term price remains low, but unfortunately during the recent cold spells, the daily spot price for NatGas has jumped from $5.00, to as much $120, more often $8, $10, $20, or $40. But there were large purchases at $120.
    Thus, our utility bills, which have a fuel cost recovery clause in them, are going to be rising in the near/mid term to account for these short term spikes.

    This is unrelated to the long term supply/demand equation. But it is directly related to daily pipeline capacity, and firm and non firm delivery contracts for natgas on those pipelines .

  • Fat_Man

    States like NY and CA that do not allow for fracking to recover NG, should be forced to pay world market prices for their gas imports.

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