Tom, this business is based on nothing more than pure speculation, and people who are living paycheck to paycheck or on a fixed income can't afford to pay higher than the current market price just based on fear and speculation of what MIGHT happen. It's been a full 6 years since DTE rates have been 36 cents per ccf. Sure, rates spiked after Hurricanes Katrina and Rita, but have been fairly stable in the past 2 years since then and have continued to go down, much to the dismay of Universal, and it is doubtful that they will go go as high as the $1.049 per ccf that Universal is scaring people into believing.<quoted text>Sounds to good to be true, take a look at your gas prices both past and present. You were paying 38cents per ccf not too long ago. Your prices went up to 84 cents this month (march), and rumor has it that its going to .999 next month (april). So you truly believe that in the next 5 yrs, that natural gas prices are going to go up only 5cents. No i dont have a crystal ball, but be realistic. the price of gasoline today is between 3.20-3.40 cents a gallon, do u think its going to be only 3.60 cents a gallon in 5 years.
Why should I pay a full 20 cents more per ccf for an unknown number of months while I wait for the promise of savings? I can take the extra 20 cents per ccf that I would pay Universal and put it in my own savings account and save it for when (or even IF) natural gas rates do increase, thank-you very much.