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Lawmakers Look to Prevent Natural Gas Spikes


WBGZ Radio 4/24/2021 |
By Kevin Bessler - Illinois Radio Network
Illinois lawmakers want to prevent future natural gas price spikes similar what occurred during a cold snap in February.
Many Illinois communities dealt with skyrocketing bills, some shooting up over 7,000%. Several major Illinois utilities are also increasing residential natural gas prices this month, ranging from 35% to 70%, a lingering effect of the volatile winter that crippled the nation’s gas supply.
During a House Energy and Environment Committee subject matter hearing, Westfield Mayor Michael Weese said the price jumped in February from 88 cents a therm to $4.52 a therm.
“This has impacted this community and other communities drastically on the price manipulation we believe and took advantage of this cold spell we did have,” Weese said. ....

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State looks for ways to prevent future natural gas price surges after winter spike


State looks for ways to prevent future natural gas price surges after winter spike
Kevin Bessler, The Center Square
April 23, 2021
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People watch in February as ice flows along the Mississippi River near Chain of Rocks Bridge in Madison County. A deep freeze with brutally cold temperatures resulted in massive price increases for some residents’ natural gas bills. Jeff Roberson | AP
Illinois lawmakers want to prevent future natural gas price spikes similar to one that occurred during a cold snap in February. 
Many Illinois communities dealt with skyrocketing bills, some shooting up more than 7,000%. Several major Illinois utilities also are increasing residential natural gas prices this month by 35% to 70%, a lingering effect of the volatile winter that crippled the nation’s gas supply.  ....

United States , David Kolata , Michael Marron , Michael Weese , Mark Biel , Staci Wilson , Duringa House Energy , Illinois Municipal Electric Agency , Chemical Council Of Illinois , Environment Committee , Illinois Finance Authority , House Energy , Westfield Mayor Michael Weese , Chemical Council , Citizens Utility Board , Michael Weese , Michael Marron , David Kolata , Mark Biel , House Energy And Environment Committee , Chemical Council , Illinois Municipal Electric Agency , Illinois Finance Authority , Citizens Utility Board , ஒன்றுபட்டது மாநிலங்களில் , டேவிட் கோலதா ,

Lawmakers Look For Ways To Prevent Future Natural Gas Price Surges After Winter Spike


Reply(1)
The Illinois Finance Authority created a $15 million energy loan program to assist towns facing a financial headache, and some communities will allow residents to pay their bills over the course of 12 months. (Shutterstock)
Illinois lawmakers want to prevent future natural gas price spikes similar what occurred during a cold snap in February.
Many Illinois communities dealt with skyrocketing bills, some shooting up over 7,000%. Several major Illinois utilities are also increasing residential natural gas prices this month, ranging from 35% to 70%, a lingering effect of the volatile winter that crippled the nation s gas supply.
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During a House Energy and Environment Committee subject matter hearing, Westfield Mayor Michael Weese said the price jumped in February from 88 cents a therm to $4.52 a therm. ....

United States , Michael Marron , David Kolata , Michael Weese , Mark Biel , Staci Wilson , Duringa House Energy , Illinois Municipal Electric Agency , Chemical Council Of Illinois , Environment Committee , Illinois Finance Authority , House Energy , Westfield Mayor Michael Weese , Chemical Council , Citizens Utility Board , ஒன்றுபட்டது மாநிலங்களில் , மைக்கேல் மரோன் , டேவிட் கோலதா , மைக்கேல் வீஸ் , குறி பைல் , ஸ்தசி வில்சன் , சூழல் குழு , இல்லினாய்ஸ் நிதி அதிகாரம் , வீடு ஆற்றல் , இரசாயன சபை , குடிமக்கள் பயன்பாடு பலகை ,