Consultant: Lower oil prices would benefit natural gas users

Recent attention given high heating oil prices overlooks the fact natural gas is the principal fuel used to heat US homes, says the Fairfax, Va.-based ICF. More than 60 million US homes heat with natural gas-more than six times the number that use heating oil, it says. Customers who heat their homes with natural gas could see heating bills that are 50% or more higher this winter than last.

WASHINGTON, Sept. 27, 2000–The Federal Energy Regulatory Commission (FERC) approved an application by International Transmission Co. (ITC), a subsidiary of DTE Energy, for innovative electric transmission rates. The rate proposal contains provisions that will help existing wholesale and open-access customers transition through a rate freeze period mandated by Michigan’s restructuring laws.

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