Monday, November 8, 2010

IGS Energy - Residential - Energy Choice Myth Busting

IGS Energy - Residential - Energy Choice Myth Busting: "Myth: Natural gas prices always go up when the weather turns cold.

Fact: The price of natural gas is sensitive to several factors, but supply and demand most often determines rates in the marketplace. For example, if a large deposit of natural gas is discovered, supply may increase and the price will drop. If a winter season is not as cold as predicted and there is less demand for natural gas, the price may drop. The U.S. Department of Energy indicates that residential prices have, in fact, declined in the winter months during nearly every year of the last decade: "