Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (25158)	12/3/2009 3:53:58 PM
From: Real Man	Read Replies (3) \| Respond to of 71475

That is DOE chart, it shows average price for residential customers currently $14 BTU, from the same report that looks at inventories, storage, etc. So, utility companies are pocketing $10 BTU because of their monopoly on the market. Often run by cities or monopolies, aren't they? And many cities are bankrupt, so they need extra income. In other words, NG is not a free market per se, consumers don't pay free market prices. On the other hand, competition between different gas stations quickly leads to a drop of retail gas price that follows wholesale price. So, the situation of a large spread may persist, as it did, and that suppresses demand that would otherwise pick up as a function of price.