The Gas Game (September)

A year ago, Oklahoma Natural Gas Company offered what they called a Voluntary Fixed-Price Plan, under which you would pay $8.393 per dekatherm for the next twelve months, regardless of the actual price of natural gas. I passed, noting that gas, at the time, was about a buck and a half cheaper than that.

It didn’t stay that way, though, as the numbers show:

  • November: 2.4 used at $11.044; total price $26.51; VFP price $20.14; loss of $6.37.
  • December: 4.4 used at $11.550; total price $50.82; VFP price $36.93; loss of $13.89.
  • January: 9.7 used at $12.012; total price $116.52; VFP price $81.41; loss of $35.11.
  • February: 6.4 used at $9.589; total price $61.37; VFP price $53.72; loss of $7.65.
  • March: 7.6 used at $8.455; total price $64.26; VFP price $63.79; loss of $0.47.
  • April: 4.6 used at $8.660; total price $39.83; VFP price $38.61; loss of $1.22.
  • May: 2.0 used at $8.781; total price $17.56; VFP price $16.79; loss of $0.77.
  • June: 1.2 used at $8.486; total price $10.19; VFP price $10.07; loss of $0.12.
  • July: 1.1 used at $7.520; total price $8.55; VFP price $9.53; gain of $0.98.
  • August: 1.0 used at $7.566; total price $7.82; VFP price $8.67; gain of $0.85.
  • September: 0.9 used at $7.577; total price $7.06; VFP price $7.82; gain of $0.76.
  • Cumulative: 41.3 used at $9.939; total price $410.49; VFP price $346.89; loss of $63.40.

(Rounding errors lurk.)

It’s not on their Web site yet, but the flyer with the new bill contains the details of next year’s VFP: it’s $9.25 per dekatherm. I have until the 20th of October to either sign up or start whining for another year.





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