Lino Luison Quotes
Expectations for a cold winter in the key North American heating regions, coupled with the supply issues resulting from a severe hurricane season, are resulting in continued pressure on natural gas prices. 
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Expectations | Cold | Winter | North | American |
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Expectations for a cold winter in the key North American heating regions, coupled with the supply issues resulting from a severe hurricane season, are resulting in continued pressure on natural gas prices.
- Lino Luison
We are pleased that North American natural gas prices have come down dramatically from their highs in the fall and, as a result, our prices have come down as well. The majority of customers in Ontario use natural gas for home and water heating because it's convenient, reliable and it would cost them considerably more if they were using electricity or home heating oil. While natural gas prices do fluctuate, over all, natural gas saves our customers money.
- Lino Luison
Warmer than expected weather in key Canadian and United States heating regions has resulted in a decline in North American gas prices since the historical highs in fall of 2005. Natural gas market prices respond to supply and demand. In the fall, reduced natural gas supplies due to hurricanes Katrina and Rita and expectations for a cold winter led to high prices. Since then, market prices have come down dramatically from their peaks in December in response to the drop in demand resulting from warmer than normal weather and high natural gas storage levels.
- Lino Luison