Friday, September 16, 2005

The high price of natural gas

"There is an abundance of natural gas in North America .... In fact, there is a vast amount of natural gas estimated to still be in the ground." So says the Natural Gas Supply Organization on their web site. So there is no reason that the price of natural gas should rise by the 35% this winter as predicted, except that the natural gas companies, like the oil companies (in many cases the same) have figured out all gouging depends on is to say that there are shortages. Not only that, but there is no increase in the transportation costs since most of it is transported by pipeline. Right, Columbia??!!! Consumers: There is an old Navy term for what's happening to you. It's BOHICA: bend over, here it comes again!!!

2 comments:

boudica of suburbia said...

And so it should. Natural resources should be heavily taxed, American gets a veritable bargain whether it be with oil, gas etc...

Perhaps the administration should focus on improving public transport: trains, buses, and the like.

soupy said...

Boudica,
Natural gas, dear girl, is with what we heat our homes. Public transportation is not part of that equation!