Posted: 9/28/2005 4:15:35
PM
Hurricane Rita and an
anticipated increase in heating demand are expected to
stretch natural gas supplies even further. And, according
to the Natural Gas Supply Association, that's likely
resulting in higher wholesale costs this winter. In its
annual assessment, the association says natural gas
markets so far appear to be compensating for Hurricane
Katrina-related supply disruptions. An analysis by the
NGSA says weather is the largest single factor affecting
demand and customer bills, and it is also the most
difficult to predict. The National Oceanographic and
Atmospheric Administration is projecting a winter colder
than last winter, which was the eighth warmest on record.
Cambridge Energy Research Associates estimates that if
every consumer would lower his home thermostat by two
degrees, heating customers could compensate for the
production loss caused by Hurricane Katrina.
To subscribe or visit go to:
http://www.myeyewitnessnews.com/news/