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Nat gas prices

Post in 'It's a Gas!' started by trafick, Aug 12, 2011.

  1. trafick

    trafick Member

    Joined:
    Dec 12, 2008
    Messages:
    139
    Loc:
    Lynchburg, VA
    Hey All,
    I know it's not burning season yet BUT I just looked at my gas price and for the months of AUG, SEP and OCT we are paying $1.0173 per therm. That's the lowest it's been in years. We get readjusted every 3 months but it usually only goes up by $.10 or so for the big three (NOV, DEC and JAN). What's everybody else paying?

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  2. KarlP

    KarlP Feeling the Heat

    Joined:
    Nov 18, 2005
    Messages:
    485
    What are your "charges" and "fees" like? Those add up to at least 1/3 of my bill these days.
  3. karl

    karl Minister of Fire

    Joined:
    Apr 9, 2007
    Messages:
    1,057
    Loc:
    Huntington, West Virginia
    The sad thing is the wholesale price is like .40
  4. ashthree

    ashthree Member

    Joined:
    May 6, 2011
    Messages:
    12
    Loc:
    Australia
    I'm trying to work this out in my head.

    You guys pay $1.0173 per therm

    We pay $0.0113 per Megajoule (MJ)

    AUS $1 = US $1.05

    1mj = 0.00947 therm

    That does not make much sense to me, it seems you are getting ripped, but surly that can't be right?

    Is this NG or Propane you are talking about?


    Is my converstion from MJ to Therm correct (I've never heard of a therm before, just googled it)
  5. trafick

    trafick Member

    Joined:
    Dec 12, 2008
    Messages:
    139
    Loc:
    Lynchburg, VA
    100,000 btu = therm, 105.5 megajoules = 100,000 btu or 1 therm, so at .0113 per MJ x 105.5MJ per therm = $1.19 per therm AUS. Convert that to US dollars, $1.19 x $1.05 and I think we're at $1.25US per therm. I think that's how it goes but I'm not sure. Anywho it's cheaper than it's been in years.
  6. ashthree

    ashthree Member

    Joined:
    May 6, 2011
    Messages:
    12
    Loc:
    Australia
    So indeed it is actually us who is getting ripped!

    Does not suprise me, cost of living is going through the roof over here!
  7. trafick

    trafick Member

    Joined:
    Dec 12, 2008
    Messages:
    139
    Loc:
    Lynchburg, VA
    I guess to add insult to injury, I thought that price was locked in but it is now at .9692 with a $14.25 service charge. Again, this is the lowest I've seen in the last 10 years.
  8. iceman

    iceman Minister of Fire

    Joined:
    Nov 18, 2006
    Messages:
    2,376
    Loc:
    Springfield Ma (western mass)
    Not quite sure what the therm price is.... But its soooo cheap that I
    Plan to change out my oil burner to gas next month
    Stopped buying pellets in march/april (cant remember exactly when)
    Started selling my wood as now I don't need to keep 12 cords on hand for 3+ winters
    Now I can go away without stressing!
  9. rowerwet

    rowerwet Minister of Fire

    Joined:
    Sep 2, 2008
    Messages:
    1,093
    Loc:
    Merrimack Valley, MA
    thanks to whoever figured out how to do fracking, I am converting from oil, can't beat the price on NG
  10. iceman

    iceman Minister of Fire

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    Nov 18, 2006
    Messages:
    2,376
    Loc:
    Springfield Ma (western mass)

    Fracking will be the next great debate, contaminates peoples wells and causes earthquakes
  11. Retired Guy

    Retired Guy Feeling the Heat

    Joined:
    Oct 27, 2011
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    433
    Loc:
    Cape Vincent, NY
    Just read about tests using high pressure propane to frack instead of the traditional water and sand mix. Propane would be recovered and reused leaving no contaminates underground.
  12. iceman

    iceman Minister of Fire

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    2,376
    Loc:
    Springfield Ma (western mass)

    That would be much better, but prolly wouldn't solve the earthquakes
  13. greythorn3

    greythorn3 Minister of Fire

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    972
    Loc:
    Alaska
    sometimes i wish i could get nat gas but theres no lines to us! and i aint gonna pay for none.
  14. Panhandler

    Panhandler Minister of Fire

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    Loc:
    WV Northern Panhandle
    I believe it's the injection of waste waters back into the ground that's causing the quakes. Happened recently in Ohio.
  15. Panhandler

    Panhandler Minister of Fire

    Joined:
    Aug 24, 2008
    Messages:
    607
    Loc:
    WV Northern Panhandle
    Just got my NG bill. Price is down to $9.1320 per MCF. Not sure what that amounts to per therm, but a year or two ago, it was $14 per MCF. I'm in the middle of the fracking boom.
  16. iceman

    iceman Minister of Fire

    Joined:
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    2,376
    Loc:
    Springfield Ma (western mass)
    Measuring in btus over here gas is about 10 bucks more than a cord of wood at about 175-200 for wood so how every many btus in a cord of oak It's 10 bucks more for same amour of btus assuming furnace is 80% and stove is 70% efficienct
    Basically causing me to want to spend the 1300 bucks to convert oil burner to gas...
  17. greythorn3

    greythorn3 Minister of Fire

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    Oct 8, 2007
    Messages:
    972
    Loc:
    Alaska
    you city slickers are lucky you get natural gas.

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