Scott Smith Natural Quotations

Katrina is limiting the current supply of natural gas into the system, which is increasing the cost on the market.

With gasoline prices, you see that on a daily basis as you drive by and see the price on the signs at the gas station, ... The pricing signal for natural gas comes after you've used it, so it's important to try and get out in front and educate people that this is going to be a significantly costlier heating season than we've had in the past.

Depending on how cold it is not only in the Midwest but around the country where they use natural gas for home heating, we could see increases up to between 40 percent and 50 percent,

Depending on how cold it is not only in the Midwest but around the county where they use natural gas for home heating, we could see increases up to between 40 percent and 50 percent,

So much of natural gas prices is weather related. If it's colder people tend to use more energy. And because it's a nationwide market, if it's cooler in New England it's going to drive up the price for us as well.