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FeedRank: 4/10  4/10  Good  ---  www.hillsdale.net
...

 

 
Wednesday, July 23, 2008 --- 46 days ago
Area residents can expect higher natural gas prices this winter and Michigan Gas Utilities Corporation (MGU) wants to give them fair warning. “It’s not good news but we need to get it out,” said P.J. Livernois, External Affairs Manager at MGU. “That’s why we’re saying it now.” Livernois said gas prices began increasing at the close of the heating season in April when they begin decreasing normally.  On average, last year gas prices were 70 cents per 100 cubic feet but currently are $1 per 100 cubic feet. “They are going in the opposite direction on us,” he said. According to Livernois, gas prices have increased due to a number of factors including the anticipation of an active hurricane season. Also, after the heating season is over in April, there are storage fields that gas must be pumped into to save for the next season which increases demand for natural gas.  To help combat high prices, Livernois suggests customers consider repairing their antique furnaces or at least getting their heating equipment tuned up by a certified heating professional. Livernois would not give an estimate on how much more customers would be paying this winter because it involves too many variables.  However, he did say that if customers have never been on the budget plan, they may want to consider doing so this year. “The reason I say that is that if you’re not on the budget plan and we have a cold month, a customer could have a $250 to $300 gas bill, ...




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