By Nick Pedley
News Editor 

The price of the polar vortex

Local utilities deal with price surges during cold snap

 

March 4, 2021

Millions of Americans will feel the pinch of February's polar vortex when they open their gas bills this month, but residents in Everly can breathe easy.

The Everly Municipal Utilities Board of Trustees last week decided to absorb price hikes for natural gas instead of passing the buck onto local consumers. Prices surged in mid-February due to complications at gas wells in Texas, which froze up during the record-setting cold snap that immobilized much of the Midwest. As the nation's natural gas supply decreased, the demand for heating fuel surged because of the frigid temps, which subsequently...



For access to this article please sign in or subscribe.

 
 

Our Family of Publications Includes:

Sentinel Lg
Press Lg

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 04/19/2024 16:06