Tuesday, October 7, 2008

Duke Energy Lucks Out And so do We This Winter!


"Still, the retail cost of natural gas for heating is expected to be 18 percent higher this winter.
''Much of the natural gas utilities will deliver to households this year was purchased when prices were at or near these historic highs,'' said Chris McGill of the American Gas Association, which represents 202 local natural gas utilities across the country. That higher price will, for the most part, be passed on."

Duke purchases on the spot market so our winter's costs should be lower than last year, as I have pointed out on prior posts.

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