Thursday, January 17, 2013

Natural Gas Prices Fall

It may be just my imagination but it seems like there is a lot more noise, and by noise I mean "news", when energy prices go up than when they go down. Anonymous bloggers following said news will often attribute the rising costs to dark conspiracies and then go silent when energy prices fall.

Our natural gas provider, Piedmont Natural Gas, just filed a request to reduce its rates 7.5% to 9% to reflect lower wholesale prices for natural gas according to an announcement on the Piedmont Natural Gas Company blog.

If approved, which seems likely, the lower prices would take effect in North Carolina and South Carolina on February 1st.