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Page 2 Second Edition <br /> NATURAL GAS PRICES JUMP BY <br /> ALMOST 50 PERCENT <br /> ccording to a Decem- rent natural gas pricing tion to see if there is any mar <br /> • ber 17th Associated trends. ket manipulation or price <br /> Press article,natural ;N he increase in natural gouging occurring. However, <br /> gas wholesale prices have gas prices has impli neither the Federal Energy <br /> climbed nearly 50 percent in ',. cations not only for Regulatory Oommission nor <br /> the first three weeks after the the home heating market, but the Commodity Futures Trad <br /> Thanksgiv also for our ing Commission,two organi <br /> ing holiday. nation's zations that closely monitor <br /> Previouslymarket- natural market,have <br /> this year, in reportedthe anygas evidence of any <br /> the Energy generaplacel. thing improper in the recent <br /> Information "At the spike in natural gas prices. <br /> Administra moment, ''- ccording to Energy <br /> tion had <br /> the price of ,i< Secretary Spencer <br /> estimated natural gas Abraham,weather <br /> that heat is serving has played a part in the price <br /> ing costs s , it is not <br /> for the av gleas largestthesin theincreaonlyefactor.but He further <br /> erage fam- brake on indicated that natural gas <br /> ily would be the U.S. —prices would continue to fluc <br /> $850 for economy," tuate if production were not <br /> • the heating according increased. <br /> season,but to Greg �r t is believed that <br /> the recent volatility and price Lebed.ev, president of the prices will stabi- <br /> jumps in the natural gas mar- American ChemistryCouncil.: <br /> « ketputs this number in jeop- lite after the <br /> • ...the price ofMany members of the ACC end of the heat- <br /> arrdy. The$850 figure already are part of the growing Indus ing season and , <br /> • represents a 6%increase trial sector that use natural <br /> return to their <br /> natural gas is over last season's heating s as a resource in makin 4� <br /> g previous levels, <br /> costs,and was based on as- other products,such as Pesti but in the short <br /> sumptions such as a normal cides and other chemical mi <br /> Serving as the winter and stable energy term the con <br /> compounds. sumer will have to <br /> costs. Priortothe recent <br /> Single largest natural gas price increase, i pinions on what has bear the burden. <br /> caused the price As American Gas <br /> 12; <br /> some experts had already , <br /> T T revised the 6 percent in increase are mixed. Association econo- <br /> brake on the U.S. crease to a 10 percent in Some members of Congress mist Paul Wilkinson <br /> crease,and even this number have already begun calling for stated it,"There's no <br /> » an investigation into the re- question...The prices today <br /> economy. - seems likely to rise given cur <br /> cent natural gas price infla- will get passed on." <br /> JLVeststS and otk e> friends <br /> Bixby Energy Systems was founded in f <br /> June of 2001 with the goal of`snaking are welcome to C�Bixby ,, <br /> biomass energya ractical alternative." + stun t a ' <br /> t <br /> Located in Rogers, MN, Bixby Energy time. r' <br /> is run b Robert Walker, the ounder a <br /> tr'''I'is':':':l:-;iZ <br /> y f f Fleas + oitct oii <br /> Select Comfort and inventor of the Sleep � ei" 1P�.d U BiI ? <br /> Number© bed Mr. Walker continues <br /> to a l his skills as a businessman Ii�tvesto>C , , 1© s, t <br /> 5OO 2g9O :or viae-i at <br /> 41111 and inventor in the development of ` <br /> Bixby Energy as a successful company. U2tt1n•w®bithye .e . o ,; <br /> 2 <br />