Converting from Oil to Gas?

There are several factors to consider before you make the big decision.

 

The price of heating fuel today is just one of many issues that can help you determine whether switching is the right choice for the long term. Other considerations include:

Making the right choice is important to you and your family. To better understand the issues, read more.

  • Wholesale natural gas prices in New England rose twice as fast as most of the country in the first half of the year, largely due to a lack of pipeline capacity in the region to meet growing demand for the fuel…

    — Boston Globe, 8/2/2013
  • Until late last year, natural gas prices had been on a steep downward curve. Yet...natural gas futures prices hit an intraday high...touching their highest level since Sept. 15, 2011.

    — Javier David, CNBC, 3/27/13
  • Natural gas prices now...up more than 120% from a year ago and up almost 30% this year alone.

    — etfdailynews.com, 4/21/13
  • Supply and demand dynamics suggest the stage is set for rising natural gas prices. With storage levels falling and robust demand (which is weakening) putting a floor under prices, natural gas could rally to $4 by the end of the year, if not higher.

    — Forbes.com, 9/17/12
  • ...Shell expects natural gas prices to double by 2015 as a result of the shale gas boom and as US domestic demand for the fuel grows.   

    — Guy Chazan, Financial Times, 5/16/12
  • Prices have climbed 45% this year as homes and businesses across the Midwest and Northeast consume record amounts of the fuel to get through a series of cold snaps.

    — Wall Street Journal, 2/19/14
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