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To: Joan Osland Graffius who wrote (44466)12/6/2000 12:47:47 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
Joan, you're actually lucky to have gotten away with a 20% increase thus far. imo NG costs for households may actually keep rising when spot/futures prices descend again...due to contract deliveries sporting fixed prices which will be renegotiated as time goes on. note: NG increased more than four-fold since last year's lows.

no doubt this will put yet another damper on spending...as well as further squeezing industrial margins.