Denver Direct: Gaseous


Thursday, July 26, 2007

Gaseous

Let me see if I’ve got this right: We’ve got so much natural gas here in Colorado that the supply exceeds the demand and thus the price is lower here. Now we’ve let somebody tap off this excess gas, build a long straw to Ohio and beyond, sell it to those guys at a price higher than we were paying, and let them suck off our excess.

As a result, our prices for natural gas may (read will) double next year.

Why did we let them do that?

Oh that’s right, we don’t own our natural gas. (How about that Alaska thing?) Ours was sold off a long time ago. All for the greater good. Right? (Click title for more)