Saturday, August 30, 2008

Upcoming Winter Natural Gas

The "GCR" is more or less the base cost of gas to Duke Energy. See how volatile it is! The following figures are taken straight off my bills, which are on this blog -- just click on "ebills."

Most recent month at the top.

GCR Duke Energy Cinti:
Usage Month Nat Gas

October 27, 2008 $1.03
September 28, 2008 $1.17
August 28, 2008 $1.41
July $1.41
June $1.24
May $1.16
April $1.14
March $1.19
February $1.03


August-usage GCR is over 35% more than last February-usage GCR. But...
For the residential user, of course, the cost of gas in the summer is largely irrelevant. During the summer it is commercials and small industrials who are using "Duke's" gas, with large industrials buying elsewhere.

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