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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (78678)	11/12/2000 6:36:15 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 95453

"Wait until people in the Northern states have to pay massive heating bills in December, January and February" Remember, the cost of power does not zig and zag directly with the price of NG..For rate hikes here in the NE, approval must be obtained,,and that doesn't happen over night..My guess, consumers will be paying 25-35% more this Winter,,that has been the average hike I have seen approved by the public utility commisions here..so while spot prices have doubled, the cost to the consumer has not.. an example "The estimated impact of the proposed firm sales cost of gas and revised surcharges on an average domestic heating customer's monthly winter bill is an increase of approximately $14, or 13.5%." puc.state.nh.us Another example (which I believed received approval "Vermont Gas said Thursday it was applying to the state Public Service Board for a 24.4 percent increase in natural gas rates. The company said the increase would be temporary, and would be reduced once wholesale gas prices had stabilized, which the company predicted would happen next year." rutlandherald.nybor.com Prices will increase, but won't kill us..Now on to the weather..A balmy 43 degrees here in Vermont this morning,,not bad for approaching mid Nov..;^)..golf weather should also be noted, we are use to Winter rate increases, here--every Winter we switch to "Winter rates" which are higher..tis a yearly event