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Old 01-20-2006, 01:14 PM   #1
lurch
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I understand the reason for the oil prices being high but why Natural gas??

Why is it that the price of NG doubles in the winter??

I have a small cape and usually pay 500-700/season and the one bill I received was almost 500$ (I usually fill 3-4 times per season)!

I am glad I have oil because when I was in the same size house I was playing almost 400$/ month (new furnace and well insulated as well).
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Old 01-20-2006, 01:25 PM   #2
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It is killing me what heating costs but all I can do about it is turn down the thermostat and wear a sweatshirt.

If oil company executives (who make insane profits) could be charged rediculous prices for their services that they personally need, maybe it would bring them back down to earth, but that's not gonna happen.
Another words if I ever go to an estimate for a job at an oil company CEO's home, I'd charge him twice the price just because, and I'd tell him if he doesn't like it blame the high fuel costs because it costs all of us when we get gaffed

thanks weewee, now you got me pissed, good thing it's in the 50's right now

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Old 01-20-2006, 01:30 PM   #3
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It's killin me. I'm moving this month as a result to an apartment with all utilities included.

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Old 01-20-2006, 01:33 PM   #4
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Lightbulb

Steve,

As I understand it, natural gas is closely correlated to crude oil prices.

I don't know why.

Now, as far as the evil oil companies - I mean it sucks but there is the law of supply and demand to deal with (constrained supply because we haven't built new refineries to process high sulfur crude, increased demand from China etc) and the fact that we have these !@#$ing speculators pushing oil futures up into the stratosphere.

Anyhoo, it's funny (or sad) that I'm thinking of my bills in terms of whole van staal reels.

One of my neighbors, who uses natural gas to heat her home, had a whopping $700 gas bill ... for the month of December.
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Old 01-20-2006, 01:44 PM   #5
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That's just evil

Has anyone installed programmable thermostats and noticed a big difference?

We have 4 zones and are pretty good about making sure they are turned as low as possible when not in use...but I've been a thinking...

-spence
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Old 01-20-2006, 02:02 PM   #6
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Cost are definitely up this season. Programmable thermostats used to help but now that the wife is home full time with the kids, they need to keep the heat at a steady state. When I arrive home, I always drop it a few degrees and they're all getting used to wearing sweatshirts, at minimum, around the house.

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Old 01-20-2006, 02:05 PM   #7
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freakin oil is creeping up to $70/bbl again.
Attached Images
File Type: png crude futures.png (18.1 KB, 25 views)
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Old 01-20-2006, 02:13 PM   #8
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I am in the same boat as Moses. There was a story in the paper about the NG demand not being so great cause of the mild temps. This is just price gouging plain and simple...

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Old 01-20-2006, 02:33 PM   #9
Mike P
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Ben, I can't buy the supply and demand argument any more. I can't help but conclude it's pure price gouging and windfall profit-taking.

Why does the price of crude today result in an immediate spike at the pump, when the oil purchased on those futures might still be in the ground over in Saudi?

Prices went up $1.50 a gallon in the 3 days after Katrina, well before the extent of refinery damage was known and before any adverse affect could have occurred to gas supplies. Yet, in the next 6 weeks, when any shortages that occurred would have had their greatest effect, prices fell to below where they were right before Katrina Could it have had something to do with Katrina hitting the week before Labor Day, after people made their final vacation plans (seeing how prices had remained relatively stable since Memorial Day when they usually rise) and the oil barons saw the opportunity to take some quick windfall profits?

Home heating oil? Most of what's currently in the supply line was refined months ago. And it's been a mild winter. Yet, they cite the need to divert crude supplies to heating oil production as one rationale for the prices spiking after the first week of December.

Sorry--I'm not some wild-eyed lefty, but I ain't buying Big Oil's bullscheit any more
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Old 01-20-2006, 02:08 PM   #10
chris L
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Im independantly wealthy so it doesnt affect me at all . Ill smoke them oils at that price
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