Local Natural Gas Price Drop! Wow

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bksaun
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Location: Hustonville, Ky
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Post by bksaun » Sun. Oct. 18, 2009 11:32 am

In January 2009 our local natural gas cost was $13.26 per Mcf, Now it has dropped to $3.61 per Mcf! :shock:

What the heck is going on.

I still plan on running the Channing III, don't trust the gas company, :mad: plus the coal heat is a lot more even and far more comfortable. :)

Might have to look at a cost comparison chart though. :idea:

Bk

 
dll
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Post by dll » Sun. Oct. 18, 2009 12:22 pm

Here is a little background on the prices: https://blogs.wsj.com//environmentalcapital/2009/ ... tural-gas/

A snip from the article:
... that’s mostly due to over-supply, especially in the U.S. Despite plunging prices this year, gas producers kept producing:
And another article here: https://www.technologyreview.com/featuredstory/41 ... nergy-map/

Now compare the costs of gas with other fuels here: http://nhclimateaudit.org/calculators.php
The price per Fuel Unit Cost is adjustable for all the fuels.
Last edited by dll on Sun. Oct. 18, 2009 12:42 pm, edited 1 time in total.


 
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SMITTY
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Other Heating: Oil fired Burnham boiler

Post by SMITTY » Sun. Oct. 18, 2009 12:26 pm

Holy crapper! That IS a huge drop! I never realized it was that high, although I'm not familiar with the system of how gas is sold - never lived in a house with gas service - just oil.

Oil went down in late September/early October, but is on it's way up now - just around the time when everyone needs it! :mad: Glad I topped off the house & barn before it shot up. $2.17/gallon I paid 2 weeks ago. Now it's $2.47 at the same company!!!!

According to that calculator, $2.17 a gallon for oil is the same as paying $376/ton of coal!! :shock:

 
CapeCoaler
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Post by CapeCoaler » Sun. Oct. 18, 2009 3:27 pm

The gas charge was 1.24 per ccf last year and is .49 this year...
almost a third less...
but they nail me on the delivery fees.

In 29 days you used 18 CCF:
Minimum Charge $6.27
$ .2162 per day for 29 days
First 18.0 CCF @ $.3269 5.88
Distribution Adjustment:
18 CCF x 0.02080 per CCF .37

GAS DELIVERY CHARGE $12.52

GAS SUPPLY CHARGE
@ $.48720 /CCF $8.77


TOTAL CURRENT CHARGES $21.29

It costs more for the delivery charge than the amount of NG I use for DHW, cooking and dryer.
I look at total delivered cost of $1.183 per ccf this year.
Last year $2.11 per ccf
Bonus just found a billing error in my favor

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