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Tuesday, August 20, 2013

Consumers Can Expect a Small Increase in Natural Gas Prices

From the Toledo Blade:
Natural gas prices, which the last two years have been some of the lowest in a decade, will rise only slightly this winter thanks in large part to the ongoing supply of gas-rich shale deposits in the eastern and northern United States.
“It’s a very bright future for consumers on the natural gas side going forward,” said Robert Stitt Black, president of the Waterville Gas Co., which at present, has the lowest natural gas rate of any supplier in Ohio at 39 cents per hundred cubic feet.
Recently, Columbia Gas of Ohio Inc. assembled figures showing that during the 2012-13 winter heating season its customers had an average residential bill of $422.42 — the lowest average in 10 years. A winter season runs from November through March.
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