Local Natural Gas Price DROP! WOW

Local Natural Gas Price DROP! WOW

PostBy: bksaun On: 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
bksaun
 
Stoker Coal Boiler: Hybrid, Gentleman Janitor GJ-6RSU/ EFM 700
Hand Fed Coal Stove: Hitzer 503
Coal Size/Type: Pea Stoker/Bit, Pea or Nut Anthracite
Stove/Furnace Make: Hitzer/ EFM-Gentleman Janitor
Stove/Furnace Model: 503 Insert/ 700/GJ-62

Re: Local Natural Gas Price DROP! WOW

PostBy: dll On: Sun Oct 18, 2009 12:22 pm

Here is a little background on the prices: http://blogs.wsj.com/environmentalcapital/2009/10/07/gas-pains-lots-of-supply-and-little-demand-spells-bearish-future-for-natural-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: http://www.technologyreview.com/feature ... 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.
dll
 
Hand Fed Coal Stove: Harman MKII, Salvo Citation wood/coal
Coal Size/Type: Nut/anthracite

Re: Local Natural Gas Price DROP! WOW

PostBy: SMITTY On: 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:
SMITTY
 
Stoker Coal Boiler: Patriot Coal - custom built by Jim Dorsey
Hand Fed Coal Stove: Harman Mark III (not currently in use)
Coal Size/Type: Rice / Blaschak anthracite
Other Heating: Oil fired Burnham boiler


Re: Local Natural Gas Price DROP! WOW

PostBy: CapeCoaler On: 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
CapeCoaler
 
Stoker Coal Boiler: want AA130
Hand Fed Coal Stove: DS Machine BS#4, Harman MKII, Hitzer 503,...
Coal Size/Type: Pea/Nut/Stove

Re: Local Natural Gas Price DROP! WOW

PostBy: pvolcko On: Sun Oct 18, 2009 3:38 pm

Someone made an expensive typo?
pvolcko