From: Harald K. <ch...@po...> - 2003-06-28 20:56:21
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Another vector for analysis: Gas prices are expected to rise significantly over the next decade. Thanks to free/spot markets for natural gas in North America, gas prices in the cold north are now linked to electricity consumption in the warmer south. Most _new_ power plants being built in North America are gas-fired. This means that the old trick of stockpiling natural gas reserves during the summer months no longer works; it's being burned as fast as it can be produced so that we can run our air conditioners. So, increased demand _and_ elimination of the summer stockpiling (which was a seasonal price leveler) means prices will rise quite dramatically. (Of course, electricity prices are probably going to rise too :-) Now I like my gas water heater for one reason; it re-heats _much_ faster than electric. I've heard that heating oil is even better for this, because it burns even hotter than gas, but you probably only would do that if you had a oil-fired furnace. -- Harald Koch <ch...@po...> http://blog.cfrq.net/chk/ When changing the tires on a moving vehicle, it's vital that at least some of the tires continue to touch the road. - Tony Li, Cisco Systems |