How do you spell ARBITRAGE?
or I like this news item out of Akron: Betty's out to beat rate for last year. Can you? Sounds like Betty has several choices to choose from there in Akron. Some down to $5.99mcf.
Both relate to story I mentioned last week out of Cleveland: Natural gas price war breaking out in Ohio
Looking for that price war myself and what great deals I myself would be getting for natural gas here in the great state of Pennsylvania... home to all the new Marcellus Shale generated supply that is clearly benefiting the consumers in Ohio it seems. Just a coincidence I suppose, but I just now realized I received my own version of a natural gas rebate in the mail recently. Looking at the details I see that one natural gas provider is indeed offering me a great deal. An 'End of Summer Natural Gas sale' it says. Cool beans! What big discount am I going to be offered for the coming year? Looks like I can keep my current price ($8.99mcf)* for the whole next year guaranteed. So not just through heating season, but 12 months of savings. A great deal that prevents me from having to pay those 'winter' prices which the solicitation says "always go up". Isn't it a great thing this natural gas competition in Pennsylvania? I am thankful the gas company is looking after my well being and offering such sage investment advice.. and it is investment advice after all isn't it?
*Update: You know... trying and failing at humor I may be.. but it's worse than it seems. The special 'summer' price I am being offered is actually higher than I am paying now. By a fair bit even.
So I would like to publicly thank them for offering such a good deal. Then I am calling Betty.