Utilities Turn From Coal to Gas, Raising Risk of Price Increase
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Some experts fear that a boom in gas demand for electricity generation will send prices even higher.
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British Gas announces that it will increase its electricity and gas prices by 15%.
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ScottishPower announces rises in its gas and electricity prices from next month.
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The convenience store chain's sales growth depends heavily on high gas prices.
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Higher crude prices raise gasoline costs, increasing inflation, and lowering crude prices.
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A surge in the cost of gasoline and other energy products pushed consumer prices up by 3.3 percent in 2004, the biggest jump in four years, but relief may be on the way. Consumer prices actually dipped in December as energy costs moderated.
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With oil prices rising people are turning to wood heat, raising concerns about the environmental impact of some older devices that are being used.
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For some workers, businesses and organizations, the spike in energy prices -- for gas, diesel fuel or heating oil -- is changing the way they live, work and think about the future.
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Business & money: British Gas owne signals that household energy bills could have to rise in the new year
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A Cambridge power plant reduced its emissions last year when it switched from oil to natural gas. But environmentalists gathered yesterday to say that the plant simply traded one kind of pollution for another, now threatening the water instead of the air.
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There's nothing like a trip to the gas station to raise one's awareness of energy prices. Yet it doesn't require filling up the tank &#151; or opening a utility bill, for that matter &#151; to feel the bite of rising fuel costs.
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British Gas is increasing the cost of gas by 12.4% and electricity by 9.4% from 20 September, it announces.
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Phoenix Natural Gas announces prices will increase by more than 11% from the beginning of October.
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As if $2 a gallon gasoline hasn&#39;t been bad enough, people now should be bracing for sharply higher heating bills this winter whether they use oil or natural gas to warm their homes.
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Energy experts warn that the jump in the price of crude would raise prices for heating oil and gasoline in coming weeks.
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Larger supplies, more energy alternatives, and a slowing economy could be factors.
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Despite a mild winter so far, New Yorkersâ heating bills are up as a result of the rising price of oil and natural gas.