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According to Phil, Spring Is on the Way and Hopefully Stable Utility Bills as Well

Leading energy company says an early spring could help stabilize utility costsStamford, CT – February 2, 2011 –  Spring is on the way!  At least according to Punxsutawney Phil, the world famous weather prognasticating groundhog from Gobbler's Knob, Pennsylvania who made his prediction early this morning from his traditional tree stump.  This happy news could not come at a better time as much of the nation is reeling from crippling storms that have covered the nation in heavy snow and ice . According to the 125-year-old tradition, when Phil does not see his shadow then the nation can

Is Shale Drilling Really the Answer to Lower Natural Gas Prices in North America

Leading energy company advises caution regarding the impact of shaleStamford, CT – February 2, 2011 – In recent years the discovery of new shale gas deposits and new drilling technology, such as hydraulic fracturing and horizontal drilling, have dramatically increased the United States natural gas reserves.  The dramatic economic success of shale drilling has spurred similar development in other countries and helped decrease and stabilize the cost of natural gas in the United States. However, the picture may not be as rosy as it seems.  MXenergy, one of the nation's leading independent

Record Snowfalls May Be A Blessing in Disguise for Homeowners

Leading energy supplier says heavy snow could actually lower home heating billsStamford, CT - January 28, 2011 – Snow continues to pummel the Northeast this week blanketing the region with heavy snow.  As exhausted homeowners grab their snow shovels yet again, one energy company says,  “Don’t despair.  There may be a silver lining.” “Although it may be small comfort for those of us weary from the near constant snowfall, all the snow does offer one unique benefit,” says Blas Pina, Director of Natural Gas for MXenergy, “It serves as insulation and can potentially lower people’s heating

Homeowners May Be “Shocked” to Learn Just What A Rise in Natural Gas Prices Will Mean For Them

MXenergy alerts consumers to start bracing for higher utility billsStamford, CT - January 26, 2011 – A wicked winter and a decrease in natural gas storage levels are driving up prices of natural gas, a trend that will hit homeowner's bank accounts not once but twice. «As the storage surplus is withdrawn at a faster rate than expected, the cost of natural gas is going to rise which in turn may also lead to higher prices on electricity,» says Blas Pina, Director of Natural Gas Supply for MXenergy, one of the nation's largest independent energy providers  «Since natural gas is an important

Wholesale Natural Gas Prices Close to Breaking Important $5 Barrier

A dramatic spike in prices means increased cost to consumers in the months aheadStamford, CT - January 25, 2011 – As of Monday morning, prices for wholesale natural gas reached a five-month high with prices close to breaking the important five-dollar barrier.  The price of natural gas for the 2012 calendar year has just jumped over $5 and the 2011 calendar year is not far behind. «Prices of natural gas dropped sharply after a peak in 2008,» said Blas Pina, Director of Natural Gas for MXenergy. «Just as consumers have started to become comfortable with lower prices, this winter has thrown

Cold Weather Decreases Gas Supply and Means An Increase in Utility Bills for Consumers.

MXenergy warns homeowners should prepare for even higher prices aheadStamford, CT - January 25, 2011 -  Mother Nature seems to have unleashed her fury on the Northeast United States this winter blanketing the region in snow, ice, and frigid temperatures.  The brutal winter weather has forced people to turn up their thermostats which in turn has lowered US storage levels of natural gas – meaning home owners may soon experience  a shock when opening their utility bills. «We are seeing a significant drop in US storage levels of natural gas due to the extreme cold weather in the Northeast, «

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