Saturday, December 31, 2005

Lawmakers To Study Fuel Cost

On Friday, leading lawmakers announced plans for a new committee to look into the rising prices, while the fuel supplier to one-fourth of North Carolina homes announced plans to cut costs.

PSNC Energy and Piedmont Natural Gas, which sell fuel to heat these homes, on Thursday asked for permission to cut natural gas rates by 12 percent, because wholesale prices have taken an unexpected dive. But bills are up 55 percent from a year ago.

So, what impact could lawmakers really have? The legislative committee can only make recommendations. The governor's office said he'd work with legislators to find ways to help those most affected by energy prices in a fiscally responsible manner.

About time they decided to do something. I don't care what Easley says, there is a lot of fat in the NC government that can be cut, the question is will lawmakers and the governor do what is best for NC.

posted by David at 10:42 AM :: Permalink ::

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