Future natural gas prices are expected to be higher, but demand will grow more slowly than in previous projections, according to the Energy Information Administration’s latest annual long-term forecast, the “Annual Energy Outlook 2006.”
Additionally, residential consumption of natural gas is projected to fall by 6 percent from 2005 levels this year but increase by 7.7 percent in 2007, the EIA says.
Energy conservation would help those cooling bills now and in the future. To help save energy:
* Put curtains on your windows to keep out the sun.
* Install a thermostat that will automatically adjust temperatures. Set it for 75 degrees in the summer when you are at home and raise it when you are out.
* Turn off lights, appliances and electrical equipment when not in use. Do your baking, washing, drying and ironing early in the morning or the evening.
* Clean or replace the filter for your air conditioner.
* Let dishes air dry in the dishwasher.
Costs related to natural gas consist of four main components: production, transmission, distribution and commodity price as determined by the marketplace.
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