Yep, what Richard said. Gas & oil constantly fluxuates.It's the GREED factor more then anything else. They set the " HOOK " & walla, they got ya. I'll just ride out my 5 or 10 dollar increase's & be a damn happy camper.
I know for me, it doesn't hurt my feelings at all watching people leaving our coal world to return to the world of which ever form of fuel blows smoke up thier skirts.
In fact, the more the merrier.Coal will always remain competitive.
Richard S. wrote:
Coal has been competing against cheap <insert fuel here> for decades. It's a cycle, oil is cheap and everyone is switching to oil. Natural gas is cheap so anyone putting in a new furnace switches to NG.... They enjoy a few years of cheap prices and inevitably the price goes up as more people pile onto the bandwagon and then they are complaining about how much the fuel cost, in 2007 NG was spiking right along with the cost of other fuels. Certainly over the next few years NG prices will be cheap because of the new resources but that is not going to last forever. 5 years from now or whatever it is people will be looking for ways to curb the costs of their heat from NG.
gaw wrote:I doubt that will happen in my area because there is no natural gas available in my area so the competing heating sources would be oil, electricity, propane, and wood.
Exactly, if you want to enjoy cheap NG prices you have to be in an area that has service from the street.