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Crisis in Japan Leading to Higher Utility Bills for Many Americans

MXenergy reports dramatic rise in natural gas prices since March 11Stamford, CT – March 25, 2011  - The earthquake in Japan may drive up utility prices in the United States, warns the CEO of MXenergy, one of the nation’s largest independent electricity suppliers. “As the world’s second largest  economy, Japan will need to import more liquefied natural gas or LNG to make up for the lost power from the damaged reactors at Fukushima,” said Jeffrey Mayer, President and CEO of MXenergy. “Japan is already one of the largest importers of LNG,” said Mayer.  “The crisis is putting more demand

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 «As the storage surplus is withdrawn at a faster rate than expected, the cost of natural gas is going to rise which in turn may also lead to higher prices on electricity,» says Blas Pina, Director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

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