Well, even the headline writer didn't believe it 'Bulgargaz Offers 33% Increase in Natural Gas Price' when actually the price will be declining by that much. The cited reasons for the decrease rests on the fall of the wholesale price of gas and the fall in alternative fuels and the exchange rate with the dollar. Now, let's wait and see if other countries also follow through with significant reductions in their gas prices. I wouldn't keep my fingers crossed.
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About Me
- Michael LaBelle
- I have broad interests in all things related to energy. I've worked on a range of projects dealing with energy security of supply to the development of a post carbon economy. Much of my work involves understanding the interplay of government regulations and investments. I also blog at www.energyscee.com and run the research and consulting company Limax Energy.