Thursday, September 29, 2005

Gas

People gonna be hurting. Our local utility has put in for rate increases for the year totalling about 30% so far, and they can update it again in December...

It's still under most people's radar screen right now," said Carl Neill, an analyst at Risk Management Inc., a natural gas consultant and brokerage firm Chicago. "The public has absolutely no idea how high prices are going to be this year. It's going to be mind-boggling. Price are going to be 50 to 100 percent higher for residential consumers than in previous year.