Meadville, PA
Informing and Connecting Engaged Citizens
February 01, 2016
Cost of Natural Gas Falling for National Fuel Customers

Natural gas costs are getting more than 8 percent cheaper for customers of National Fuel Gas Distribution Corp., effective today.

National Fuel is lowering its gas supply charge, the price it pays for natural gas, by almost $5 a month for the average home.

For the average residential customer using 94,900 cubic feet of gas annually, the monthly bill will fall by $4.91 from $58.48 to $53.57. It’s equal to an 8.4 percent decrease, according to Carly Manino, National Fuel spokeswoman.

The main driver of the decrease is low market prices due in large part to the increasing production of Marcellus Shale gas, she said. Nearly all of the gas consumed by National Fuel utility customers comes from Northeast-produced shale gas, she said.

See link to full article below.
Cost of natural gas falling for National Fuel customers
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