Terasen Gas Prices to Climb

Tuesday, March 11, 2008 07:09 PM

Terasen Gas has applied to the BC Utilities Commission requesting an increase in the rates it charges for natural gas and propane. If
approved, the increases will take effect April 1, 2008.

"The price of natural gas has increased since October when we were able to offer customers a rate decrease during the cooler, winter months," said Jan
Marston, vice president gas supply and transmission. "There are two main supply constraints impacting the price of natural gas. The first is the colder
than average winter in the east which has resulted in a larger than anticipated drawdown of storage inventories. As well, the volume of liquefied natural gas to be imported to North America is below original market forecasts."

The proposed increase means a typical residential customer could see their total annual bill rise by approximately 11 per cent, or $127 to $147 per year
depending on consumption levels. If approved, total annual bills for Fort Nelson customers could increase by 17 per cent or $240 per year depending on consumption levels.

This proposed Cost of Gas increase to $8.29 per GJ will not impact the commodity rates for those customers participating in the Customer Choice program.

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Posted on Tuesday, March 11, 2008 07:09 PM in News by 250 News

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Comments

Posted by: redneck on March 12 2008 6:58 AM

what a load of crap.I don't buy the nonsense about colder winters back east.They just see the chance to increase the bottom line at the expense of the good old consumer once again.

Posted by: lostfaith on March 12 2008 8:03 AM

Revolt I say, General strike, riots in the streets.
Oh wait I forgot, this is Canada.
Everyone grab the remote, beer and vaseline.

Posted by: Gampy on March 12 2008 8:22 AM

You ever get to feeling like us taxpayers are the stars in another version of 'The Never-ending Story??

Posted by: Outwest on March 12 2008 8:28 AM

The so called smart people exported all the Natural Gas to the States and now there is a
shortage which has to be made up by liquid
Natural Gas (LNG) and we will pay the cost,
what will it take to wake up?
Maybe it's all bull and Terassen just greedy
and the thing about going green by charging more and adding more taxes to use less is the
same, when your are cold you turn up the heat, why should you freeze in this place!

Posted by: Eagleone on March 12 2008 8:59 AM

Maybe we need to throw out Nafta before Obama beats us to it and then make a real agreement that protects the Canadian home owner who is freezing through minus 40 winters next the well in the gorund where it all comes from in the first place.

I say we put a carbon tax on all carbon based exports out of our country. Charge a 300% carbon tax on what ever the gas companies are charging the Canadian residential market for all exports out of province. Let the markets decide what is the right price... if its too high the Americans won't buy OUR gas and thus will conserve gas, or more likely we will pay what we are entitled to pay and the gas companies will be held in check by the reality of what the market will bear to pay on the American side of the boarder (after the carbon export tax).

Its about time we ensure the Americans are doing their part for the environment for the carbon liability they create in this type of trade with Canada. Plus Canadians require their resources to make winter heat affordable and livable in the regions the resource is extracted from.

Time Will Tell

Posted by: Andyfreeze on March 12 2008 9:24 AM

I agree Eagleone, we SHOULD put a "carbon tax" on ALL carbon based exports out of Canada and use that revenue generated to offset the price WE pay for our own damn resources!
And if the americans buy less because of it,great,that should help to tune up the oil companies here in Canada!

Posted by: realitysetsin on March 12 2008 10:15 AM

Man we are getting it from all sides now aren't we.

Gas, Natural gas, electricity, food.

I figure that I heat about 180 days per year spending about 1600 bucks.

To keep that in perspective that's only about 9 bucks a day.

I'd rather be warm. But I still get to bitch about it...right?

Posted by: acrider54 on March 12 2008 3:35 PM

Everything goes up but wages. Gas in Kamloops at 122.4 p/l. And the Liberal governemnt figures we in the north need a carbon tax on our home heating fuel. WHAT A BUNCH OF CROOKS!

Posted by: Harbinger on March 12 2008 5:53 PM

Just wait til someone starts selling our water. Then I for one will sure protest on that.

Posted by: Andyfreeze on March 12 2008 6:30 PM

There WILL be a provincial election in the very near future and Gordo will be handing out freebee's and warm fuzzies before we go to the polls.
We should all start lining up now so we get our fair share of the handouts.
And true to form we will all say.. "gee,what a good guy,he really cares about us!"
And then we will vote him and his gang of buttkissing,money wasting, opportunists back in for another 4 years!
They will then proceed to rape us even worse than they already have over the past 4 years.
And, after we go and vote them back in,we will all PUSH our cars back home and go back to gathering firewood to heat our houses with, because we can't afford the damn hydro and natural gas anymore!!!
For this we pay our ELECTED leaders large salaries plus expenses!
How cool is that?
And actually Harbinger,they are already selling our water in little plastic bottles that may now give us cancer...or so they tell us!
:-)

Posted by: Palopu on March 12 2008 9:11 PM

If you dont vote for Campbell and his gang of buttkissers, who do you vote for???. The off the wall NDP'RS who would all starve to death if they didnt have a monthly Government cheque to sustain them.

I say people should run as Independents, split the vote and let the chips fall where they may. At least voting for an Independent gives you a third choice.

Posted by: Andyfreeze on March 12 2008 9:52 PM

And I agree Palopu!
Contrary to what Campbell and his band of merry men amd women may THINK,they do not have an absolute right to govern simply because there isn't much happening with the competition across the floor!
That is nothing more than dictatorship by election!