The EIA also forecasts a drop in Henry hub natural gas prices. But who knows. I expect we're going to be exporting lots of LNG to Europe to make up for their refusal to support the Russian invasion of the Ukraine.
Note also since our electric system is about 50% based on natural gas generators, the energy portion of electric bills is also going to see sharp increases. Only those with fixed futures contracts will be spared until the contracts expire. Lincoln's electric aggregation program contact expires at the end of the year. Ed On Fri, Aug 12, 2022, 17:01 Rich Rosenbaum <[email protected]> wrote: > I suspect the price increase has less to do with National Grid's profit > margins than with the price of natural gas supplies in the US. > > [image: image.png] > > from https://www.eia.gov/todayinenergy/detail.php?id=52698 > > > > On Fri, Aug 12, 2022 at 4:41 PM Christina Thompson < > [email protected]> wrote: > >> I just had a conversation with someone at National Grid about my gas bill >> and was told that, yes, there had been a price increase. Apparently the >> price of gas in March 2021 was $.58/therm. In March 2022 it was $.94/therm. >> I haven't seen much talk about it, but this strikes me as an outrageous >> rate of increase, even in an inflationary environment. >> >> Christina Thompson >> >> >> >> -- >> The LincolnTalk mailing list. >> To post, send mail to [email protected]. >> Search the archives at http://lincoln.2330058.n4.nabble.com/. >> Browse the archives at >> https://pairlist9.pair.net/mailman/private/lincoln/. >> Change your subscription settings at >> https://pairlist9.pair.net/mailman/listinfo/lincoln. >> >> -- > The LincolnTalk mailing list. > To post, send mail to [email protected]. > Search the archives at http://lincoln.2330058.n4.nabble.com/. > Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/ > . > Change your subscription settings at > https://pairlist9.pair.net/mailman/listinfo/lincoln. > >
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