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Thu Oct 14, 2021, 10:43 AM

A Winter of Giant Gas Bills Is Coming. Are You Ready? (WSJ)

https://www.wsj.com/articles/a-winter-of-giant-gas-bills-is-coming-are-you-ready-11634203801

A Winter of Giant Gas Bills Is Coming. Are You Ready?
U.S. households are projected to spend more on heating than they have in several years
By J.J. McCorvey
Oct. 14, 2021 5:30 am ET

Americans got a stark warning from the government this week: Expect higher heating bills this winter.

According to the Energy Information Administration, nearly half of U.S. households that warm their homes with mainly natural gas can expect to spend an average of 30% more on their bills compared with last year. The agency added that bills would be 50% higher if the winter is 10% colder than average and 22% higher if the winter is 10% warmer than average.

The forecast rise in costs, according to the report, will result in an average natural-gas home-heating bill of $746 from Oct. 1 to March 31, compared with about $573 during the same period last year.

The forecast is part of the EIA’s winter fuels outlook, which projects that U.S. households will spend more on energy this winter than they have in several years. The agency attributed its forecast to rising energy prices—natural-gas futures have this year reached a seven-year high—and the likelihood of a more frigid winter than what most of the country saw last year.

The looming increase, on top of rising prices for many consumer goods and commodities, is likely to cause stress for Americans at many income levels. Economists warn that the larger utility bills are most likely to affect those households still hobbled by the Covid-19 pandemic.









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Response to dalton99a (Original post)

Thu Oct 14, 2021, 10:47 AM

1. I'm sure this has nothing to do with the fact

Democrats concerned with climate change are in charge of the White House and congress.

Drive up the bills. Piss people off. Hope they put fossil fuel loving rethugs back in charge.

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Response to Takket (Reply #1)

Thu Oct 14, 2021, 11:35 AM

2. Hopefully this is sarcasm, but you're very likely to get dinged for it.

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Response to Takket (Reply #1)

Thu Oct 14, 2021, 11:55 AM

3. You are correct. It has nothing at all to do with Democrats.

It has everything to do with how and where natural gas is produced, transported and stored around the world, combined with increased global demand due to the world economy beginning to move past COVID.

I suggest you Google “why are natural gas prices so high” and read some of the articles on the subject. And if your post was attempted satire or comedy, it was unsuccessful.

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Response to Takket (Reply #1)

Thu Oct 14, 2021, 02:04 PM

9. Well, your sarcasm blew over a couple of folks already

The ability to recognize sarcasm died on DU about 2005 or so-

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Response to dalton99a (Original post)

Thu Oct 14, 2021, 12:01 PM

4. Send more Liquified Natural Gas to Europe to reduce Putin's hold on European energy supplies

Make heating bills even higher.

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Response to dalton99a (Original post)

Thu Oct 14, 2021, 12:04 PM

5. Yes, I converted to an Electric Heat Pump

and Induction Range.

No gas in our house!

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Response to dalton99a (Original post)

Thu Oct 14, 2021, 12:39 PM

6. More price gouging to blame on the Democratic/Biden, but no Republican will be calling for an

investigation, they will just do the screaming and all the media will repeat the claims and never mention disaster price gouging.

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Response to dalton99a (Original post)

Thu Oct 14, 2021, 12:40 PM

7. I'll just turn the furnace down, buy some warmer clothes and run a space heater where needed.

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Response to dalton99a (Original post)

Thu Oct 14, 2021, 12:56 PM

8. We just replaced our 35-year-old gas furnace to a 95% energy efficient unit.

Hopefully, it'll offset the expected increase in gas prices this winter.

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Response to dalton99a (Original post)

Thu Oct 14, 2021, 02:20 PM

10. My NM house is passive solar - south side mostly windows

If the sun is out (& it usually is) it can be 20 degrees outside and 85 - 90 inside with no heaters on. I also have solar panels connected to grid so I can run some electric heaters at night without upping my elec bill too much. I also have propane and filled my 500 gal tank in the summer. So I’m all set.

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