Natural gas prices continue to drop, even during the winter heating season when demand typically increases sharply. As the economy weakens, many industrial companies that run their factories on natural gas are scaling back operations, decreasing demand for the commodity. Natural gas prices today are 30% lower than they were at the nadir of natural gas prices before the commodity boom began last year. Natural gas prices have dropped nearly 70% from the apogee reached in July, just 5 months ago. Shouldn't we ask the gas company to start giving rebates to rate-payers, or at least roll back their latest rate increases that they imposed when natural gas prices exploded last winter? Saturday, December 13, 2008
Natural Gas Futures Remain Under Pressure
Natural gas prices continue to drop, even during the winter heating season when demand typically increases sharply. As the economy weakens, many industrial companies that run their factories on natural gas are scaling back operations, decreasing demand for the commodity. Natural gas prices today are 30% lower than they were at the nadir of natural gas prices before the commodity boom began last year. Natural gas prices have dropped nearly 70% from the apogee reached in July, just 5 months ago. Shouldn't we ask the gas company to start giving rebates to rate-payers, or at least roll back their latest rate increases that they imposed when natural gas prices exploded last winter? 
