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Crystal Ball prediction 15% Consumer drop

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reggi
reggi Member Posts: 511
edited May 2023 in Gas Heating

Actually not even close for all the increases the past 3 years but seeing a December rate decrease of 15% is encouraging

One way to get familiar something you know nothing about is to ask a really smart person a really stupid question

Comments

  • Steamhead
    Steamhead Member Posts: 16,839
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    A decrease? Sure it's not a misprint?
    All Steamed Up, Inc.
    Towson, MD, USA
    Steam, Vapor & Hot-Water Heating Specialists
    Oil & Gas Burner Service
    Consulting
  • pecmsg
    pecmsg Member Posts: 4,849
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    reggi said:

    Actually not even close for all the increases the past 3 years but seeing a December rate decrease of 15% is encouraging




    vqsk9arprzmv.jpg



    I wouldn't bet on it!
  • WMno57
    WMno57 Member Posts: 1,265
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    Wholesale Natural Gas and Heating Oil are currently cheap. $2.38 / gallon Oil and $2.38 / therm gas. Probably because the markets are assuming a recession and therefore less demand.
    https://finviz.com/futures.ashx
    I DIY.
  • dko
    dko Member Posts: 595
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    Con Edison explanation:

    Lower demand, due in part to warmer temperatures this fall, and increased
    production have resulted in an abundance of gas supplies and higher gas storage levels at this time. With supply up and demand stable, residential customers can expect lower bills
  • Hot_water_fan
    Hot_water_fan Member Posts: 1,849
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    Prices here have fallen significantly for gas and electric will remain flat for the rest of the year https://www.bge.com/MyAccount/MyBillUsage/Documents/Gas/GasCommodity_SchedD and SchedC.pdf
  • mattmia2
    mattmia2 Member Posts: 9,652
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    Probably from the market adjusting to natural gas no longer being available from russia being a long term thing.
    Hot_water_fanethicalpaul
  • ethicalpaul
    ethicalpaul Member Posts: 5,702
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    So markets and distribution systems can react to changes in supply and demand!! I heard they couldn't...
    NJ Steam Homeowner. See my sight glass boiler videos: https://bit.ly/3sZW1el
    CanuckerHot_water_fanMikeAmann
  • hot_rod
    hot_rod Member Posts: 22,144
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    And the price of eggs is plunging!
    Bob "hot rod" Rohr
    trainer for Caleffi NA
    Living the hydronic dream
    random12345
  • Dave Carpentier
    Dave Carpentier Member Posts: 588
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    hot_rod said:

    And the price of eggs is plunging!

    Devilled eggs here I come !
    30+ yrs in telecom outside plant.
    Currently in building maintenance.
    DJD775
  • hot_rod
    hot_rod Member Posts: 22,144
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    hot_rod said:

    And the price of eggs is plunging!

    Devilled eggs here I come !
    But ketchup prices are way up :)
    Bob "hot rod" Rohr
    trainer for Caleffi NA
    Living the hydronic dream
    dkoErin Holohan Haskell
  • SlamDunk
    SlamDunk Member Posts: 1,580
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    I have kept a couple chickens ,as a hobby, for over a decade. When I tried to buy a couple more from January thru April, my local hatchery was always sold out of chicks. People actually believed that raising hens for eggs is cheaper than eggs from the store! I suspect there will be a lot of hens for sale soon
    HVACNUT
  • EBEBRATT-Ed
    EBEBRATT-Ed Member Posts: 15,526
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    If there decreasing prices, then it only means their hands have been in your pockets too much.
    reggi
  • SlamDunk
    SlamDunk Member Posts: 1,580
    edited May 2023
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    Yeah, I never tried to audit the cost of eggs produced but I figure it is North of $15/dozen. Then there's the winters with few eggs and, finally, henapause. So, maybe way North.
  • Dave Carpentier
    Dave Carpentier Member Posts: 588
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    Our neighbour keeps about a dozen. When they go out of town, my son looks after them and gets the eggs. Man, those are sooo much tastier than even 'good' groc store eggs.
    People in the rural that sell them privately tend to ask $5 or 6 (CDN). I'm not sure if they crunched the numbers, but I would hope so. Groc store eggs seem to be $4-$6.
    30+ yrs in telecom outside plant.
    Currently in building maintenance.
  • JUGHNE
    JUGHNE Member Posts: 11,061
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    I get large brown, strong shell eggs for a "donation" of $3.00 a dozen, delivered to my house.

    Steady price for years now. Available nearly year around.
  • SlamDunk
    SlamDunk Member Posts: 1,580
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    It is cheaper by the dozen! But I'm an urban chicken keeper. Four is the max.

    I just paid $7.50 for a dozen at store. Down to one non laying bird.
  • ratio
    ratio Member Posts: 3,626
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    SlamDunk said:

    It is cheaper by the dozen! But I'm an urban chicken keeper. Four is the max.

    I just paid $7.50 for a dozen at store. Down to one non laying bird.

    Sounds like chicken soup in your future.
    SlamDunkreggi