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Lawmakers Look to Prevent Natural Gas Spikes

WBGZ Radio 4/24/2021 | By Kevin Bessler - Illinois Radio Network Illinois lawmakers want to prevent future natural gas price spikes similar what occurred during a cold snap in February. Many Illinois communities dealt with skyrocketing bills, some shooting up over 7,000%. Several major Illinois utilities are also increasing residential natural gas prices this month, ranging from 35% to 70%, a lingering effect of the volatile winter that crippled the nation’s gas supply. During a House Energy...
United States Michael Marron David Kolata Michael Weese Mark Biel Staci Wilson

State looks for ways to prevent future natural gas price surges after winter spike

State looks for ways to prevent future natural gas price surges after winter spike Kevin Bessler, The Center Square April 23, 2021 FacebookTwitterEmail People watch in February as ice flows along the Mississippi River near Chain of Rocks Bridge in Madison County. A deep freeze with brutally cold temperatures resulted in massive price increases for some residents’ natural gas bills. Jeff Roberson | AP Illinois lawmakers want to prevent future natural gas price spikes similar to one that occ...
United States David Kolata Michael Marron Michael Weese Mark Biel Staci Wilson

Lawmakers Look For Ways To Prevent Future Natural Gas Price Surges After Winter Spike

Reply(1) The Illinois Finance Authority created a $15 million energy loan program to assist towns facing a financial headache, and some communities will allow residents to pay their bills over the course of 12 months. (Shutterstock) Illinois lawmakers want to prevent future natural gas price spikes similar what occurred during a cold snap in February. Many Illinois communities dealt with skyrocketing bills, some shooting up over 7,000%. Several major Illinois utilities are also increasing resid...
United States Michael Marron David Kolata Michael Weese Mark Biel Staci Wilson
Source: patch.com

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