It’s so hidden from the news at a time when gas prices are falling faster than a sinking ship, the BC Utilities Commission approves a rate hike of 1.8% for PNG. They are claiming their costs are going up by 14.5% and want to pass on that loss to the consumers.
This when at the same time they are saying, to you and me,
“Natural gas is a commodity traded on the open market like other commodities such as oil, coffee or lumber. As with most commodities, the price is dictated by supply and demand. When demand is high, … Read the rest