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Regulated pricing of natural gas could end by 2017

The Columbus Dispatch -- By Dan Gearino -- Natural-gas deregulation took a leap forward yesterday, with the approval of plans that set the terms to eliminate regulated pricing.

With no dissent and no discussion, the Public Utilities Commission of Ohio said that Columbia Gas of Ohio can eliminate regulated pricing for households, if certain conditions are met. The panel also approved a similar plan for Dominion East Ohio Gas.

Supporters say the actions will lead to greater competition and lower prices.

Opponents say the opposite is likely, because a few dominant suppliers no longer will have to compete with the regulated price.

This is a significant step in a process Ohio began in the 1990s when it began to allow households to buy gas from companies other than the utility.

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Submitted Jan 10, 2013 By: SUVFan

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honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: Jan 13, 2013 5:00:02 AM Ignore honda0105 Report Abuse no surprise that it's coming. Was expecting that for a while.
LetemEatCake Champion Author Oklahoma City Posts:5,609 Points:1,206,455 Joined:Mar 2008	Message Posted: Jan 11, 2013 7:52:47 PM Ignore LetemEatCake Report Abuse I think the free market will prevail. Good article SUV...thanks for posting!
sjf238 Champion Author Philadelphia Posts:1,215 Points:647,955 Joined:Mar 2011	Message Posted: Jan 11, 2013 10:42:57 AM Ignore sjf238 Report Abuse ok
7SPEEDY7 Champion Author Flint Posts:1,296 Points:607,400 Joined:May 2011	Message Posted: Jan 11, 2013 6:25:29 AM Ignore 7SPEEDY7 Report Abuse Really???
eomc17 Champion Author Tucson Posts:1,822 Points:134,145 Joined:Mar 2007	Message Posted: Jan 11, 2013 1:48:54 AM Ignore eomc17 Report Abuse And that'll be the end of affordable natural gas. Big oil and speculators will make a KILLING!!!!! Ka-CHING!!!!
afghaned Champion Author Hamilton Posts:11,822 Points:1,287,110 Joined:May 2004	Message Posted: Jan 11, 2013 1:41:55 AM Ignore afghaned Report Abuse Free market???
Focus2 Champion Author Illinois Posts:7,892 Points:1,919,340 Joined:Mar 2006	Message Posted: Jan 10, 2013 9:37:56 PM Ignore Focus2 Report Abuse Why would they take a clean fuel and turn it into diesel fuel?
crreed1 Champion Author West Virginia Posts:1,995 Points:2,528,285 Joined:May 2005	Message Posted: Jan 10, 2013 9:31:44 PM Ignore crreed1 Report Abuse we will see
52MPG Champion Author Dayton Posts:7,267 Points:1,742,805 Joined:Apr 2006	Message Posted: Jan 10, 2013 9:29:41 PM Ignore 52MPG Report Abuse Five years? Get the government out of the free market.
greshams Champion Author Cincinnati Posts:2,014 Points:376,625 Joined:Nov 2011	Message Posted: Jan 10, 2013 9:24:45 PM Ignore greshams Report Abuse 1st I've heard of it.
Focus2 Champion Author Illinois Posts:7,892 Points:1,919,340 Joined:Mar 2006	Message Posted: Jan 10, 2013 9:23:27 PM Ignore Focus2 Report Abuse Here we go! I wondered how long it would take. They don't want price controls and regulation if natural gas is to rise on the global market. You can kiss cheap fuel for winter months heating goodbye. Its all about the money not for the consumer but Big Energy markets. People need to be alert and not asleep about these things. Its all about exporting our gas in the form of LNG for a market that will pay several times more than it brings here.
jkpsr Champion Author New Jersey Posts:4,089 Points:1,103,855 Joined:Jun 2005	Message Posted: Jan 10, 2013 9:22:28 PM Ignore jkpsr Report Abuse Because of the glut of natural gas supply has got to reduce the prices in the long run.
snky2k Champion Author Indianapolis Posts:1,408 Points:304,765 Joined:Mar 2012	Message Posted: Jan 10, 2013 9:19:02 PM Ignore snky2k Report Abuse Bad news for consumers. Good news for stockholders.
KrsnaDragon Champion Author Montreal Posts:2,417 Points:532,500 Joined:Nov 2011	Message Posted: Jan 10, 2013 9:18:44 PM Ignore KrsnaDragon Report Abuse This seems like a natural evolution to me.
wshokie12 Champion Author Winston-Salem Posts:1,330 Points:217,760 Joined:Aug 2012	Message Posted: Jan 10, 2013 9:16:38 PM Ignore wshokie12 Report Abuse Okay.
mfeldstein Champion Author Ottawa Posts:8,181 Points:1,932,430 Joined:Feb 2007	Message Posted: Jan 10, 2013 9:13:11 PM Ignore mfeldstein Report Abuse Regulate gas prices.
Bubba44612 Champion Author Ohio Posts:7,401 Points:1,878,055 Joined:Aug 2005	Message Posted: Jan 10, 2013 9:11:59 PM Ignore Bubba44612 Report Abuse Once they start exporting it prices will skyrocket again.
rahcat Champion Author Grand Rapids Posts:2,478 Points:664,150 Joined:Jan 2010	Message Posted: Jan 10, 2013 9:11:09 PM Ignore rahcat Report Abuse Just another way to stick it to the consumer.
Beau2140 Champion Author New York Posts:8,301 Points:1,658,135 Joined:Oct 2008	Message Posted: Jan 10, 2013 9:09:50 PM Ignore Beau2140 Report Abuse I woould expect that the prices would end up higher.
heartbroken2010 Champion Author Ottawa Posts:4,354 Points:898,885 Joined:Aug 2010	Message Posted: Jan 10, 2013 9:09:45 PM Ignore heartbroken2010 Report Abuse i see price hikes .
pa79th Champion Author Pennsylvania Posts:1,792 Points:1,218,050 Joined:Jun 2007	Message Posted: Jan 10, 2013 9:08:54 PM Ignore pa79th Report Abuse They will find a way to stick it o the consumer.
DustyHorse Champion Author Virginia Posts:6,093 Points:1,393,120 Joined:Oct 2008	Message Posted: Jan 10, 2013 9:08:50 PM Ignore DustyHorse Report Abuse Glad I don't live in Ohio.
VikingWoman Champion Author Washington Posts:1,283 Points:253,615 Joined:May 2012	Message Posted: Jan 10, 2013 9:08:38 PM Ignore VikingWoman Report Abuse Considering many power plants use natural gas to generate electricity, it will be interesting to see if this end of price regulation has the effect of lowering electric bills.
PrinceLH Champion Author Ontario Posts:2,702 Points:539,995 Joined:Jun 2011	Message Posted: Jan 10, 2013 9:08:26 PM Ignore PrinceLH Report Abuse More tax revenue.
regout Champion Author Quebec Posts:2,960 Points:833,680 Joined:May 2010	Message Posted: Jan 10, 2013 9:08:13 PM Ignore regout Report Abuse Free energy would be great...
yyc2yow All-Star Author Ottawa Posts:658 Points:571,310 Joined:Dec 2009	Message Posted: Jan 10, 2013 9:07:52 PM Ignore yyc2yow Report Abuse again paying more
CarefreeVT Champion Author Burlington Posts:1,812 Points:260,530 Joined:Aug 2012	Message Posted: Jan 10, 2013 9:06:32 PM Ignore CarefreeVT Report Abuse Energy should be free, we should be on renewable energy by now it's 2013 ffs...
camel1 Champion Author Minnesota Posts:8,275 Points:2,267,590 Joined:Jul 2006	Message Posted: Jan 10, 2013 9:06:21 PM Ignore camel1 Report Abuse The result can be mixed. Prices will initially decline, but probably end higher.
cheaper0ON All-Star Author Ontario Posts:988 Points:399,030 Joined:Jan 2012	Message Posted: Jan 10, 2013 9:06:20 PM Ignore cheaper0ON Report Abuse Ok.
Kawibiker Champion Author Illinois Posts:1,175 Points:205,575 Joined:May 2012	Message Posted: Jan 10, 2013 9:05:56 PM Ignore Kawibiker Report Abuse I doubt that they will get lower.. all energy is in demand and will be till we run out and so we are always going to pay for it and then pay for it again.. increases in prices go with demand..
jrschl Champion Author Louisville Posts:2,972 Points:682,040 Joined:Jun 2011	Message Posted: Jan 10, 2013 9:03:48 PM Ignore jrschl Report Abuse Free for all.
JasTheAce All-Star Author Raleigh Posts:980 Points:174,285 Joined:Nov 2012	Message Posted: Jan 10, 2013 9:03:20 PM Ignore JasTheAce Report Abuse good
CdnLynx Champion Author Ontario Posts:1,023 Points:524,890 Joined:May 2008	Message Posted: Jan 10, 2013 9:02:18 PM Ignore CdnLynx Report Abuse The world is energy hungry, so all things energy will mean price increases and more profit for the industry and world financial sector! They want deregulation for one reason, to increase prices and coupled with increase demand, lookout!
Eugenian Champion Author Oregon Posts:1,867 Points:363,105 Joined:Oct 2009	Message Posted: Jan 10, 2013 9:02:18 PM Ignore Eugenian Report Abuse Prepare to get ripped off, natural gas consumers.
clermont40miles Champion Author Cincinnati Posts:10,583 Points:1,773,845 Joined:Apr 2008	Message Posted: Jan 10, 2013 8:58:32 PM Ignore clermont40miles Report Abuse Lower prices will be good.
hwnguy Champion Author Honolulu Posts:3,845 Points:1,388,240 Joined:Apr 2008	Message Posted: Jan 10, 2013 8:58:25 PM Ignore hwnguy Report Abuse Never means lower prices
Gary9696 Champion Author Detroit Posts:1,124 Points:230,705 Joined:Jul 2008	Message Posted: Jan 10, 2013 8:56:42 PM Ignore Gary9696 Report Abuse It might be a good thing.
N4PIP All-Star Author Miami Posts:910 Points:420,405 Joined:Jan 2012	Message Posted: Jan 10, 2013 8:53:41 PM Ignore N4PIP Report Abuse Deregulation = screwing the consumer. That's like letting a person drive without a license or speed limit.
FlyNFool Champion Author South Carolina Posts:8,249 Points:1,686,175 Joined:Aug 2008	Message Posted: Jan 10, 2013 8:53:37 PM Ignore FlyNFool Report Abuse ok
cifuentesab All-Star Author Stockton Posts:675 Points:507,800 Joined:Jul 2011	Message Posted: Jan 10, 2013 8:53:13 PM Ignore cifuentesab Report Abuse not likely
BBHybrid Champion Author Pittsburgh Posts:6,474 Points:1,296,000 Joined:Aug 2008	Message Posted: Jan 10, 2013 8:53:05 PM Ignore BBHybrid Report Abuse with all this energy, prices were supposed to drop, they will go up big time and they want cars to run on natural gas too.
vibdata Champion Author Massachusetts Posts:4,090 Points:849,300 Joined:Nov 2005	Message Posted: Jan 10, 2013 8:52:21 PM Ignore vibdata Report Abuse De-regulation? Cheaper? Is this like the electric industry? Which is now ridiculously expensive?
mstearno Champion Author Dayton Posts:8,075 Points:1,733,165 Joined:Jan 2008	Message Posted: Jan 10, 2013 8:46:19 PM Ignore mstearno Report Abuse too far down the road
gasmack Champion Author Ventura Posts:1,715 Points:669,375 Joined:Feb 2011	Message Posted: Jan 10, 2013 8:46:03 PM Ignore gasmack Report Abuse Hmm....time will tell.
AC-302 Champion Author Los Angeles Posts:26,588 Points:2,903,070 Joined:Aug 2004	Message Posted: Jan 10, 2013 8:44:22 PM Ignore AC-302 Report Abuse I don't like regulation, but at the same time, I don't like wide price swings, either. What the best answer is for the consumer, i don't know.
ClassicWheeler All-Star Author Montgomery Posts:660 Points:309,850 Joined:Apr 2012	Message Posted: Jan 10, 2013 8:43:57 PM Ignore ClassicWheeler Report Abuse Sounds good, if it really works and what a savings we will have.
lucky69 Champion Author Austin Posts:2,766 Points:1,469,440 Joined:May 2008	Message Posted: Jan 10, 2013 8:42:59 PM Ignore lucky69 Report Abuse just in time for them to be more mainstream
drz614 Champion Author Harrisburg Posts:2,309 Points:599,570 Joined:Aug 2011	Message Posted: Jan 10, 2013 8:39:34 PM Ignore drz614 Report Abuse savAlot: doubtful
SavALot Champion Author Virginia Beach Posts:8,479 Points:1,712,810 Joined:Apr 2005	Message Posted: Jan 10, 2013 8:37:30 PM Ignore SavALot Report Abuse But is this a good thing?
NO_SWEAT Champion Author Toronto Posts:4,350 Points:1,080,290 Joined:Jul 2008	Message Posted: Jan 10, 2013 8:30:43 PM Ignore NO_SWEAT Report Abuse Ok