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The Water Cooler
General Discussion
ONG Rate Lock-In period - 2023
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<blockquote data-quote="Michael M" data-source="post: 3860135" data-attributes="member: 51204"><p>I have locked in for years now and it really has paid off the last few years.</p><p>I always look at NG futures and I see that the high is $8.15 for January 23.</p><p>I was told by an OGN rep that they don’t mark up the price which is wrong if they are selling it for over $11 now and cost has been around $8 or less the last few months.</p><p>So much for not making profit on the natural gas they buy.</p><p>Typical publicity traded company.</p><p>The problem is not the price of the gas but all the other adds to the bill.</p></blockquote><p></p>
[QUOTE="Michael M, post: 3860135, member: 51204"] I have locked in for years now and it really has paid off the last few years. I always look at NG futures and I see that the high is $8.15 for January 23. I was told by an OGN rep that they don’t mark up the price which is wrong if they are selling it for over $11 now and cost has been around $8 or less the last few months. So much for not making profit on the natural gas they buy. Typical publicity traded company. The problem is not the price of the gas but all the other adds to the bill. [/QUOTE]
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