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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (62041)	3/25/2006 7:58:44 AM
From: quehubo	Read Replies (1) \| Respond to of 206317

A therm is 100,000 btu's, so 10 times your delivered therm rate is the price in mbtu. There are roughly 139,000 btu in heating oil, so 7.1 times your delivered price per gallon would be your oil price in mbtu. Your gas price can be held down by activities of your delivery company and regulators. Heating oil suppliers will sell you at market rates if you dont have an agreement.

To: Ed Ajootian who wrote (62041)	3/25/2006 11:47:00 AM
From: Ed Ajootian	Respond to of 206317

Whoops, I used the wrong figure for price per gallon of heating oil. It was $2.399 not $2.999. So this makes the final btu #'s be $17.04 for oil vs. $16.40 for gas. I believe this discount for gas will widen significantly over the next year.

To: Ed Ajootian who wrote (62041)	3/25/2006 11:28:41 PM
From: Dave	Respond to of 206317

<<<<We moved recently (within Boston), from a home heated with oil to one heated with natural gas. A recent gas bill shows I paid $1.20/therm for the gas itself, plus $.44/therm for a gas delivery charge.>>>>> Ed You are close with the 10 multiplier. My gas bill for Feb: 109ccf x 1.05640 x 1.002072 = 115 therms 10,900cf x energy factor x pressure factor = 115 therms Delivery charge = $0.22658/therm avg cost of gas = $0.98060/therm Basic service charge = $4.00 No guarantees re: the oil calc. but it looks reasonable to me. It seems the gas companies have hedged the price; bad for consumer when the winter is mild. Dave