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Mad Mail question:

General question about natural gas...

Q:    With all I hear about the immense natural gas reserves we have, why is my winter heating bill over $200 per month? Why not bring more gas online to lower that cost and help us out in these times of economic stress?

Jim:    It has come down. It's down a dollar over last year. I think that's very positive for the American consumer. 63% of America is heated by natural gas. It's a storage issue. We don't have a lot of storage of natural gas. It's also a production issue. These big companies tend to shut production down when natural gas comes down too far, because they don't make enough money. I know from the point of view of a natural gas shareholder, people want these to not pump as much. But, suffice it to say, it's not going to come down that much more, because oil is so expensive, and they price it off oil.

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