Current Weather
The Spy FM

Low Natural Gas Prices Hurt Okie Energy Companies, Help Electricity Customers

Filed by KOSU News in State Impact.
January 5, 2013

Christopher Hsia / Flickr

Natural gas prices have been slipping. Temperatures have been moderate, and natural gas storage in the U.S. recently hit an all-time record.

The price slide has had mixed effects in Oklahoma, The Oklahoman reports in separate stories. On one hand, it’s bad for our energy companies:

The drop continues a six-week slide that is instilling concern in some Oklahoma producers, royalty owners and related companies that had been hopeful when the natural gas price climbed for seven months earlier in the year.

But many electricity customers might welcome the recent downturn:

Oklahoma Gas and Electric Co. said Thursday that low natural gas prices should lower the average residential customer’s electricity bill by about $6 per month.

Powered by WPeMatico

Leave a Reply

9AM to 10AM The Takeaway

The Takeaway

A fresh alternative in morning news, "The Takeaway" provides a breadth and depth of world, national and regional news coverage that is unprecedented in public media.

Listen Live Now!

10AM to 11PM On Point

On Point

On Point unites distinct and provocative voices with passionate discussion as it confronts the stories that are at the center of what is important in the world today. Leaving no perspective unchallenged, On Point digs past the surface and into the core of a subject, exposing each of its real world implications.

View the program guide!

11AM to 12PM The Story

The Story

The Story with Dick Gordon brings the news home through first-person accounts. The live weekday program is passionate, personal, immediate and relevant to listeners, focusing on the news where it changes our lives, causes us to stop and rethink, inspires us.

View the program guide!

Upcoming Events in your area (Submit your event today!)

Streaming audio and podcasts

Stream KOSU on your smartphone

Phone Streaming

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services

We're perfecting the patient experience - Stillwater Medical Center