With Electricity, propane , and heating oil rates jumping in price Enbridge is now applying for a 40% increase in the cost of natural gas as of april this year.
Corporations milking the population for all it can.
they say it's because so much natural gas has been used this winter and stocks are low.
It's kind of in reverse of the last few years when little gas was used and they lowered the prices by 40%.
You remember when that happened don't you?
TMJ
Enbridge has more capped wells than open ones. Buy Enbridge stock now and keep it till late spring 15' then sell when they announce a company stock buy back, of execs stocks, before the 20% downward correction. Then the price of gas will drop back to slightly higher than current levels.
-- Edited by el toro on Friday 14th of March 2014 08:37:26 PM
they say it's because so much natural gas has been used this winter and stocks are low. It's kind of in reverse of the last few years when little gas was used and they lowered the prices by 40%. You remember when that happened don't you? TMJ
