if this true, no reason for anyone to burn coal anymore

http://www.poconorecord.com/apps/pbcs.d ... /111229817

The surge in production has pushed down US natural-gas prices. After climbing to as high as about $15 per million British thermal units six years ago, near-term futures prices have fallen below $3.20 in recent days.


if you can get compressed gas , that's equivalent to paying about 40 cents a gallon of gas to drive your car !

FROM THAT SAME ARTICLE THO

"However, long-run energy price and supply projections always are suspect. "Anything we think is going to be a 20-year trend has never turned out to be a 20-year trend," said Amy Myers Jaffe, a senior energy adviser at Rice University's Baker Institute"

If I had access, I'd be burning NG for a few years myself. Does anyone know what % of people have access to NG?

Stephen in Soky wrote:If I had access, I'd be burning NG for a few years myself

Same here, but there is very little NG in my area...just not enough homes to justify the infrastructure.

Here in Ohio NG seems to be available almost everywhere. Everywhere except where I live, that is. If I travel a block or two in any direction from my house it is available. That has been the situation for the eleven years that we have lived here. No NG on our street. NG everywhere else.

i dont altho we dont have it here in the poconos... wish we did. well we have it and they want to dill to hell for it, but that dont mean they will run pipes to all us local folks

they prolly just want to lay a big pipe to hong cong and sell it for use in big rice cookers

Ain't that the way that always seems to work out. Personally, I think anyone gullible enough to buy into all this crap should definitely have at it. It might help our prices.

....so much for you guys being independent and resourceful......I am NOT impressed with your logic and especially unimpressed that you believe anything the "Experts" spew forth about.
No need for urinals in your neck of the woods....you are definitely a "sit down group!!!!! The commonality of your 'homogenized world' defy s belief. How old are you 'dudes' anyway?

PS: No, no one sh++ on my wheaties.......you guys blow me away. You wouldn't be working at a Nukie plant would you, Homer?

NG is cheaper than coal with the abundance right now. People are asking me which way to go. I have been telling them to do the math and see what works out. If they decided to go with NG conversion then DO NOT GET RID OF THE COAL STOVE OR COAL FIRED BOILER.

Reap the benefits for now but remember, once everyone starts flooding to NG what do you think the price will do?

same thing it's doing to coal prices. And don't give me that crap about us exporting all our anthracite, we're doing it to ourselves. WN, don't you be pickin on young Homer.

I doubt NG will stay this cheap for long, but for right now...it is an economical choice for those that have it available. The factory I work at saves millions by running on NG instead of No. 2 fuel oil...of course they still have a 50,000 gallon tank of No. 2 on site and can switch over anytime the prices flip flop or there is an interruption in NG supply.

If I was still in the business I wouldn't be concerned about it, why? Two reasons, most of my customers didn't have access to NG from the street to begin with. Delivered NG would be very expensive which negates the savings.

I would expect NG prices to be fairly low over the next few years but I've seen the up and down trends for far too long to expect them to stay that way. Remember oil below a $1 a little more than a decade ago? People are going to gravitate towards NG becsue of the low prices and those low prices will surge as demand grows....

Richard S. wrote:People are going to gravitate towards NG because of the low prices and those low prices will surge as demand grows....

I think it is a "lost leader" right now, very cheap...and lots of homes/institutions are converting. Eventually the price will climb, and when it starts being used to replace our coal-fired kilowatts...the price will climb even more.

Richard S. wrote: Remember oil below a $1 a little more than a decade ago?

I sure do. Around that time my dad was able to pre-buy diesel fuel for $0.68 per gallon for the farm. 2000 gallons per year to heat the farm house...no problem, fill 'er up. Things are sure different now! I know a few guys that have been heating their homes with Axeman Anderson boilers since 1980, they said there were times when it would have been easier/cheaper to burn oil, but they are sure glad they stuck it out and stayed with anthracite.

I have NG now but am switching to coal now. I like the convenience of NG but will do a little extra work for the steady heat of coal. My wife has even been complaining since I let the coal stove go out a week ago and she was never a fan of coal. Hopefully this week or next will finish getting my stoker furnace installed and will not be a slave to the NG company anymore.

Thanks to the fine folks at LL, I have a dual fuel boiler.

So when NG gets competitive, I can burn NG. When it's not, back to coal.

Of course, I have to pay 1k to run the ng to the house, and then buy the NG gun to replace the oil gun I currently have, then have someone hook it in......so NG will have to be damned cheap for me to do all of that.

But it's nice to have the option.