No surprise … the effects of Katrina and Rita on domestic natural gas supplies will lead to higher heating bills this winter, particularly for those who heat with natural gas (and secondarily for those who heat with natural-gas-generated electricity). These shocks exacerbate a five-year trend in increasing natural gas prices, for reasons that we’ve been discussing here at KP since early 2003.
I’ve bought a few extra pairs of Smartwool socks, turned the thermostat to 65 degrees (and to 62 at night), and installed new energy-efficient windows and a door. Brrr. Good thing I like it cold, and wearing sweaters.