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WEST LAFAYETTE, Ind., Sept. 30 (UPI) -- With the price of natural gas soaring after two Gulf Coast hurricanes, a Purdue agricultural economist suggests lowering the thermostat.
"The fear is that the production we are losing now will cause shortages this winter," said Otto Doering of Purdue University in West Lafayette, Ind. "New gas supplies cannot be brought on line quickly."
Natural gas prices have nearly doubled since July to $14 per 1,000 cubic feet.
Doering said those old enough to remember the energy crisis of 1973-74 might want to urge others to conserve natural gas and turn off lights unnecessarily using electricity generated by natural gas-fueled plants.
He said more liquefied natural gas could be imported from the Middle East, but it would be very expensive.
"However, there are a limited number tankers to transport it and fewer port facilities to receive it," Doering said.
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