On Nov 19, 4:59*am, "Ed Pawlowski" wrote:
"frank1492" wrote in message

...

I live in Massachusetts and my natural gas is
supplied by Nstar. I have been given the option to lock in
my gas price for this heating season at $1.2624 per therm.
It is also noted that, as of Nov.6, the gas supply charge
"for the winter" is $1.2424.
* * * Is this a good idea do you think? I will need to guess
whether gas prices will go up in the NE. I do know that
the NE is expected to be colder than normal this year.
* * *Your ideas would be much appreciated!
* * *Thank you.
* * * * * Frank

What exactly does "for the winter" mean? *It there a normal seasonal
summer/winter difference with fluctuations? *If so, I'd say it is close
enough to the lock in rate that it will most likely be higher in January so
locking is a good deal. *It is not so high that you'd suffer great loss if
it did not change. *You'd have peace of mind and if it went to $1.60 you'd
have tears of joy.

Costs are lower then his quote by 50%, his quote is old and price will
still come down, unless a new war starts. I would not lock in at that
high a price, its like locking in oil at last months price.