Ohio natural gas prices falling

Customers who buy natural gas from two Ohio providers will pay less in February thanks to high production from shale gas wells and other factors.
Associated Press
Jan 30, 2013

The (Cleveland) Plain Dealer (http://bit.ly/Yi8mB2 ) reports that rates will be lower for customers who buy natural gas through Dominion East Ohio and Columbia Gas of Ohio's standard choice offer.

Beginning Wednesday, Columbia's price falls 2.5 percent to 47.6 cents per 100 cubic feet. That price will run to Feb. 27. On Feb. 13, Dominion's price will fall 3 percent to $3.83 per 1,000 cubic feet.

The monthly variable rates are linked to the price of natural gas contracts traded on the New York Mercantile Exchange. Since November, contract the prices have closed down at the end of each month.

 

Comments

MiddleRight

While Ohio Gasoline continues to rise for no apparent reason.
How soon until we get some CNG cars and fueling stations?

Factitious

Expect a clamor for Compressed Natural Gas (CNG.)

How is it that Americans are so clueless to fail to understand that worldwide crude production has more or less peaked, while the world's pressure on demand trends upward. The price will keep trending up, for good reasons. We need to reduce dependence on oil, to stop wasting energy, or suffer economic calamity.

Contango

Factitious writes:

"How is it that Americans are so clueless to fail to understand that worldwide crude production has more or less peaked,"

Huh, is that why the U.S. is awash in oil and there's talk of us exporting it?

http://www.ft.com/intl/cms/s/0/9...

More like: Our govt. had better stop borrowing almost 50 cents of every dollar spent or suffer "economic calamity."

FlyBoy86

Really? Peaked? Tell this to everyone in North Dakota.

The Hero Zone's picture
The Hero Zone

Several people from our store's community moved out there to work and it has been very, very lucrative for them. Not just for the oil field workers. In order to get people to work at the local McDonald's instead of the oil fields they are paying $20/hr. plus a signing bonus of something like $2,000 up front. Wal*Mart is the same. Demand for labor there is huge as are the rewards. But...the cost of living (especially housing) is also quite high.

FlyBoy86

We've been moving alot of stuff for an oil company up there. Airports are expanding and alot of transportation companies are putting offices there. I never thought I would be able to say I can get freight to parts of North Dakota overnight, lol.

goofus

Matt Drudge reported yesterday that Wal-Mart was starting people out at $17 an hour in N.Dak.

jon491
The Big Dog's back

drudge and truth can't be in the same sentence.

arnmcrmn

Democrat and truth can't be in the same sentence....there fixed it for you. You make a lot of typos on here.

9299

One place to start to help our gov't funding would be to end the subsidies and tax giveaways to ridiculously profitable companies (Exxon, GE, etc.)

shucks

Ugh!..
Corporate Welfare, good.
Social Welfare, bad.

Contango

@ 9299:

Those manufacturing cos. are merely taking advantage of the same tax laws that are availble to ALL mfging cos.

kURTje

Shizzle shizzle you da best. Speak tha truth - unlike tha rest.

shucks

Thanks pal,

Just tryin to keep it real.

arnmcrmn

Spoken like a true "give me more of your hard earned money because I don't want to work that hard for mine" socialists.

shucks

Where to Cut the Federal Budget? Start by Killing Corporate Welfare

http://www.forbes.com/sites/doug...

shucks

Republicans don't care about anyone else, they want low taxes, a high stock market, and to get as rich as possible.

arnmcrmn

Whats wrong with that. I work hard for my money. I do want lower taxes, and yes, become as wealthy as I can be off my own hard work and sweat so I can retire as early as possible and enjoy the rest of my life.

Keep sucking off that government boob and living off of the working man. Such a man.

shucks

I suppose I should clarify my post.

Republicans don't care about anyone else, they want low taxes, a high stock market, and to get as rich ,as all possible, at the expense of the less fortunate .