Author Topic: Enbridge Gas Price Hike Could See Customers Paying 40% More  (Read 1299 times)

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Offline kelee877

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Enbridge Gas Price Hike Could See Customers Paying 40% More
« on: March 13, 2014, 07:12:27 PM »
OTTAWA - The harsh reality of this winter's exceptionally cold weather is catching up to millions of natural-gas users in central Canada.
The natural-gas company Enbridge has applied to Ontario regulators for a nearly 40 per cent hike in the energy rates it charges customers, just one month after predicting that its massive storage capacity should mute any price increase.
But it has been so cold, for such an extended period, that the utility says it was forced to buy more natural gas at a much higher cost than expected.
"For a customer that does burn 3,000 cubic metres of gas a year, the increase for them is going to be in the order of $400," said Enbridge energy supply and policy director Jamie LeBlanc.
Normally, such a household would typically pay roughly $1,000 annually for natural gas.
If approved by the Ontario Energy Board, the rate increase would take effect April 1.

http://www.huffingtonpost.ca/2014/03/13/natural-gas-price-hike-enbridge_n_4958368.html?utm_hp_ref=canada
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Offline livingpower

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Re: Enbridge Gas Price Hike Could See Customers Paying 40% More
« Reply #1 on: March 13, 2014, 07:17:20 PM »
Crap!

Offline kelee877

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Re: Enbridge Gas Price Hike Could See Customers Paying 40% More
« Reply #2 on: March 13, 2014, 07:19:59 PM »
Here is a list of other items that will be effected when these prices hit





Plastic
About[color=rgb(0, 155, 213) !important] 40 percent of an oil barrel[/color] yields gasoline; the rest generates a variety of other petroleum-based products, according to the Department of Energy. Anything made out of [color=rgb(0, 155, 213) !important]plastic is derived from petrochemicals[/color]--chemical products made from petroleum--and therefore, its production depends on the price of that barrel.

Health Care
Besides delivery charges, the cost of manufacturing [color=rgb(0, 155, 213) !important]certain medical products depends on oil prices[/color]. Heart valves, artificial limbs and other kinds of medical equipment contain petroleum-based plastics. Antihistamines, antibiotics, antibacterials, analgesics and many other items found at pharmacies and hospitals use petrochemicals.

Cosmetic And Household Products
[color=rgb(0, 155, 213) !important]Deodorants, soaps and lotions[/color] are all made from petrochemicals. [color=rgb(0, 155, 213) !important]Linoleum, floor wax and lots of house-cleaning supplies [/color]also contain oil. If manufacturers need to pay more to produce these products, their prices at retail stores will likely increase as well.



Shipping
It might make sense to buy things online and have items delivered to your front door instead of burning gas on shopping trips. But shipping companies also use planes, trucks, ocean vessels and railroads--all of which require oil. [color=rgb(0, 155, 213) !important]FedEx[/color] and[color=rgb(0, 155, 213) !important]UPS[/color] make customers pay fuel surcharges in addition to regular shipping costs in order to offset increases in the price of oil.



Shopping
Unfortunately the items you see in stores don't grow on shelves. Most products were once on a truck. As gas prices go up, so do delivery costs. Shop owners will offset an increase in costs by[color=rgb(0, 155, 213) !important]charging you more for their goods[/color].



Things That Grow From The Ground
Farmers need fuel to run their tractors. This means you'll be paying more for fruits and vegetables. You'll also be spending more to maintain your home landscaping--lots of lawn equipment burns fuel.

Fabric
[color=rgb(0, 155, 213) !important]Nylon and polyester[/color] are made in part from petroleum-based fibers. This means the cost of your workout attire might be affected by the price of oil.



Plane Tickets
[color=rgb(0, 155, 213) !important]Deutsche Bank analyst Micheal Linenberg recently predicted [/color]that to offset higher fuel costs, airlines will be increasing fares and decreasing the number of flights and sale offers. If you are thinking of vacationing anytime soon, book your plane ticket now.

Car Maintenance
Petroleum-based lubricants--such as transmission fluid, grease and motor oil--are what make your automobile function properly. High petrol prices mean that these materials will likely cost more to produce. When you go to the repair garage, don't be surprised to see higher fees for maintenance costs.

Public Transport
If you live in a city, then you probably expect to pay a certain rate for using public transport. Increased oil prices will likely affect that fare in the long run.















« Last Edit: March 13, 2014, 07:25:05 PM by kelee877 »
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Offline kelee877

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Re: Enbridge Gas Price Hike Could See Customers Paying 40% More
« Reply #3 on: March 13, 2014, 08:05:27 PM »
Crap!

You were a little more lady like then me...I sadi ^%&^%*&^*%^#$%$^^&)()__)_)()(*(*(* and then some

I heat my home with natural gas
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In loving memory of my son Chris April 12 1985-June 19 2007

Offline livingpower

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Re: Enbridge Gas Price Hike Could See Customers Paying 40% More
« Reply #4 on: March 13, 2014, 08:36:45 PM »
Crap!

You were a little more lady like then me...I sadi ^%&^%*&^*%^#$%$^^&)()__)_)()(*(*(* and then some

I heat my home with natural gas


ROFL  :))