Todays News: CHANCE OF UP TO 20% GAS & ELECTRICITY PRICE RISE
The Earning and Spending Power of an ordinary American Is Going Downhill.
You see the average retail prices going higher and higher along with everything else while paychecks are shrinking and shrinking.
You take all those people who’ve dropped off the unemployment rate and don’t get counted in the official figures and we have something like a 15% unemployment rate.
Businesses Can Not afford to pay their employees.
The last twelve months has been a particularly difficult year,when it comes to energy prices.
Of course utility companies like raising prices and increasing profits, but the underlying cause is the rise in the cost of wholesale gas – the price the energy companies buy it for.
The important measure here isn’t the current price, it’s the ‘winter price’ {That's what’s it's generally referred to}
As the energy companies have said they want to “maintain margins” this means it’s possible we’ll see more price rises to come so consumer prices can catch up...
This means the price increases we’ve had so far Aren’t Enough !
It is possible:
CHANCE OF UP TO 20% GAS & ELECTRICITY RISE This Year
Natural gas prices continue to rise. prices has risen twice in the last several years alone; A 20% Increase Each Time!..
You need to understand WHY electricity prices are rising.
The electricity price is more complex and depends on the price of oil (which has also gone up,Close to $100.00 A barrell) And the price of gas $3.09 a gal!!
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Just In: EXTRA:[Monday, 01-31-11 | Posted By Ed Aboufadel |
Comment on the January 25 prediction: I was WRONG big time, as prices hiked again to $3.19 on Thursday.
Monday, January 31, 2011, 3:25PM:
As you may know, the tensions the past few days in the Middle East are pushing energy prices higher, and now we are in Blizzard Media Panic mode.
Right now, gas is $3.09 in Lowell, closer to $3.19 most other places. Current wholesale prices should keep things close to $3.19.
However, I am going to fill up on the way home today, because I don’t know what is going to happen this week. — Ed Aboufadel....http://www.thegasgame.com/
---------------------------------------The Wholesale Gas Price Tends To Be The Lead Indicator
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There’s been no real reason for the wholesale prices to be so high, no physical change,it’s just market conditions,{Today it's the Middle East},..
Face it,The days of cheap energy are over.
One of the major ways to prevent your bill from going up has been To Cap,
Which Means Fix Your Rate to guard against future rises..
Get The FACTS On Energy Deregulation
Check The AVERAGE UTILITY COSTS IN YOUR STATE
[Cents per kilowatthour]
Average Retail Price of Electricity to Ultimate Customers by End-Use Sector, by State
RESIDENTIAL | COMMERCIAL | INDUSTRIAL
Census Division and State-Residential-Commercial1-Industrial
Source: Monthly Electric Sales and Revenue Report with State Distributions Report 2010.
http://www.eia.doe.gov/electricity/epm/table5_6_b.html
------------------------------------------------- Reminder; Keep your hands OFF the thermostat,
It Costs More to heat your Business /Home back up, than it does to maintain a comfortable temperature.
Compare-Cents per kilowatthour 
There is NO Cost for this New Lower Rate.
