Same theme continues in the natural gas world, warm winter here and in Europe has resulted in abundance of natural gas and large inventory of gas in storage in the United States. As we head into summer, gas in storage is 32% higher than year ago levels and 20% higher than five-year average. We should begin next winter’s heating season with record volume in storage.

Per attached you’ll note continuing drop in natural gas futures pricing to levels not predicted six months ago. Now is the time to consider long term fixed rate gas contracts. Will lower pricing continue? Given world unrest and unpredictable nature of commodities it is prudent to act now. Regarding electricity, in some instances now is the time to lock in.

Passover and Easter are upon us, special religious events for many. Easter for me is remembering the death of Jesus Christ on the cross and His resurrection on the third day. He paid my sin debt in full and in turn asks me to follow and obey Him.

Wishing all of you a blessed Passover and Easter holidays.

Regards,
John Thomas
Upstate Utilities, Inc.
2592 Western Ave. Suite 201
Altamont, NY  12009
518-355-4761 Office
518-391-2370 Fax
518-225-8098 Cell