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Natural Gas Prices on the Rise

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Updated: Thu 8:37 PM, Aug 26, 2004

Now that gasoline prices are stabilizing, natural gas is on the rise. The cost is nearly twice that of what it was two years ago.

So what's causing theses prices to peak? Experts say the wholesale price at well-heads where the natural gas comes from has risen dramatically. As a result, utility companies are passing on the expense to customers, saying they can no longer absorb it themselves.


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