Instead, it is part of a larger formula TXU Gas uses to compute charges shown on other parts of the bill. The utility contends it does not make money on gas. The costs that we incur for natural gas are passed onto the consumer. Natural gas doesn't contain as much energy as oil. But the two have always been priced in relationship to each other.
Natural gas used to be less expensive than oil, but it now costs nearly twice as much.
Although exploration for natural gas is increasing, new discoveries take time to come online. The market has also been disrupted when natural gas buyers failed to buy enough of the fuel to meet this winter's demand. Supply is down while demand, because of an already cold winter, is up. WFAA-TV Co. All Rights Reserved.