Oil prices up on hurricane fears, OPEC ($63.75/bbl)

Reuters ^ | September 19, 2005 | Paul Marriott

[fredhead]

A little sarcasm...IT'S ALL BUSH'S FAULT!!!!!

[wolfcreek]

I also heard Richard whatshis name of Virgin airlines wants to build a refinary to offset the high price of jet fuel.

I say , power to him.

[biblewonk]

Maybe buying those SUV's "for safety" wasn't such a good idea.

[Thermalseeker]

...we're looking at replacing the kitchen window AC with a heat pump, and maybe adding a couple of baseboard electric heaters.

The two most inefficient means of heating......

[M. Espinola]

"Exactly right- we use natural gas, and having restricted ourselves to heating only the kitchen and family room for the last few winters, we're looking at replacing the kitchen window AC with a heat pump, and maybe adding a couple of baseboard electric heaters."

I believe you are following a prudent course. Do you feel heating blankets are advised for sleeping in terms of keeping the bedroom heat down? What about a heat generating lamps in place of a conventional light bulb in the bathrooms?

Natural Gas (NG, NYMEX) Monthly Price Chart

Heating Oil (HO, NYMEX) Monthly Price Chart

With the current prices of natural gas being at near record levels during a very rough winter we may be looking a absolute record breaking levels if there are further disruptions of energy from the Persian Gulf this winter due to Iran (nukes).

[M. Espinola]

Sir Richard Branson of the Virgin corporate empire hopes to build refinery.

If anyone can get the job done Sir Richard can.

[M. Espinola]

Crude Oil, Gasoline Jump With Storm Headed for Gulf of Mexico

[metmom]

Shoot, I shoulda bought gas yesterday like my son suggested.

[RockinRight]

Here's what worked for me. I cut my bill by 45% last winter by keeping the thermostat at 60 degrees from bedtime until I wake up. I turn it up to 70 for the day back to 60 at night.

[backhoe]

Do you feel heating blankets are advised for sleeping in terms of keeping the bedroom heat down? What about a heat generating lamps in place of a conventional light bulb in the bathrooms?

We use heated matress pads for ourselves, and the old dog. Heat lamps? Hadn't thought of that- they certainly make you feel warm.

[4CJ]

And why haven't the lords of the "mainstream mess" kept us up on that bounty--just on federal land alone in those 3 states?

'cause you drive a HEMI! And they want you to carpool/take bus while they travel by private jet/limosine!

[M. Espinola]

With the heat producing lamps, as in the type utilized in many hotels, due to the higher voltage or socket fitting a new or larger electric socket my be required contingent on existing wiring.

Today was a great day in the energy pits if one is trading the energies, but for anyone else it was a real lousy day in terms of personal economics.

Crude for October delivery climbed 7.1 percent to $67.45 a barrel in New York. Gasoline futures advanced 14 percent to $2.035 a gallon. Oil is up 48 percent from a year ago, while gas has surged 60 percent.

In plain English crude oil earned $4.339.00 per futures contract in just one trading session! Options slightly less based on strike price.

The Reuters/Jefferies CRB Index of 19 commodities surged 3.8 percent, the biggest increase since at least 1956.

Rita, which may disrupt natural-gas production this weekend in Texas, approaches three weeks after Hurricane Katrina swept through the Gulf Coast, damaging refineries, drilling rigs and pipelines. The region produces a third of the nation's oil and a fifth of its natural gas.

[M. Espinola]

"Here's what worked for me. I cut my bill by 45% last winter by keeping the thermostat at 60 degrees from bedtime until I wake up. I turn it up to 70 for the day back to 60 at night."

Very good ideas. Also more heavier sweaters & cashmere overcoats worn during the winter months too - sounds good to me :)