re: #24 Wendell Zurkowitz ((slave to the waffle light))

Good thing there are no pesky, intrusive government regulations to keep that from happening…

The state government allows our gas company to charge based on what it pays. Fixed costs (the delivery system of pipes) is owned by the state. (There are numerous gas companies which supply gas here.) Our gas company also offers a fixed rate which is set each fall based on gas prices at that time. Until this year we’ve benefited from the variable rate.

The price of gas went up dramatically because production in Texas has dropped off dramatically due to the cold wave. Prices will go up everywhere as Texas gas production was knocked off-line,

In North Dakota in their shale formations, they have a lot of gas they simply flare off because there is no pipeline infrastructure to feed the gas to.