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Cold, Cruel Winter

September 30, 2005

As if $3 per gallon gasoline wasn't enough, Americans in the Northeast and Midwest can look forward to a winter that will include natural gas prices somewhere in the stratosphere.

The price of natural gas has doubled since the start of summer and analyst Carl Neill of Risk Management Inc. has been quoted as saying, "The public has absolutely no idea how high prices are going to be this year. It's going to be mind-boggling."

Consumers can expect to pay about $400 more for natural gas this winter compared with last year as average bills will reach $1,130, according to the Energy Department.

By Glenn J. Kalinoski, Executive Editor, Customer Inter@ction Solutions




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