Thursday, February 16, 2006

Lock in your Natural gas rates (and maybe your electricity too).

You know, those pesky dooring sales guys from direct suppliers trying to sell you contract rates for your NG.

Do it! Estimates are that NG will go up at least 200% in 4 years. That means your gas bill will double.

Lock in for 5 years. There is no mid term horizon on reducing rates on NG and in North America we all have peaked local production. LNG is even more expensive.

I only wish that I could lock in for longer.