Experts: Syria causing gas prices to go up but not natural gas

by Luke Johnson on September 6, 2013

syriaGas prices (not natural gas) are expected to go up as tensions rise over Syria. Surprisingly natural gas prices, in the past couple of weeks, have cooled down. Many experts say it is due to the lack of hurricane activity.

With summer heat ending consumers should actual see a drop in natural gas prices. Heat rates are expected to drop which means even lower electricity prices.

If the U.S. goes to war with Syria citizens can expect to pay twice as much at the pump, but lower electricity bill costs.

Consumers should wait to see if electric companies start to drop their prices, or if hurricane activity increases.  It may take a couple of weeks to see an impact but a prepared consumer is a smart consumer.

As a bench mark type, consumers can use the compare chart by typing in their zip code and clicking compare.

Luke Johnson

Luke Johnson has been writing about deregulated energy markets since early 2010. His knowledge has helped consumers lower their electricity cost. Connect with Luke on Google+.

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