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January 7, 2009

BGE natural gas price flat for January

The "commodity" natural gas price for Baltimore Gas and Electric customers dipped to $1.037 per therm for January, not much of a change from the $1.046 level for December. Still below competing offers and well below some of them -- like the $1.599 fixed price BGE Home was offering last year.

Natural gas prices have plunged along with the cost of energy generally. Unless there is a miraculous economic recovery, they'll probably be even lower next winter.

Posted by Jay Hancock at 10:09 AM | | Comments (0)
        

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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