8.28.19 Natural gas rates plummeting; Disney streaming discount; Travel insurance for Fall Travel

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 5.2K Ratings

🗓️ 28 August 2019

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Problems in the energy industry are working to consumer advantage. Natural gas is in oversupply and at wholesale, the price has been driven down. But for consumers, in states where savings are passed on to the ratepayer, there’s a direct benefit. In some states, you select a natural gas provider. Those states usually offer the option to lock in a fixed rate for a period. There will be a strong advantage in doing that before the cold weather season kicks in. This Fall is a great time to lock in a rate for your home or business. Check out this awesome deal for Disney's new streaming service. Cruise lines are changing itineraries to stay out of harm’s way during hurricane season. Travelers can be left out the money and no trip. If the weather could be a factor, for example, a fall cruise out of a FL port or a Caribbean resort booking, you can buy a trip insurance policy allowing you to cancel for any reason for a partial refund. These policies cost more, but most others don’t cover weather interruptions. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm so glad you're with us here on the Clark Howard Show where it's all about you and
0:10.8	that quality yours.
0:11.8	I want you to learn ideas, me, so you can keep more of what you make.
0:17.0	Clark.com is our main website, ClarkDeals.com.
0:19.9	Is where you go to save money each and every day.
0:22.7	And speaking of which, I have a sizzling deal for you coming up in place of today's
0:29.3	Clark Rageist moment.
0:31.5	And with a storm bearing down on the Caribbean, moving potentially into Florida and potentially
0:39.9	part of the East Coast, I want to talk to you about the hazard and opportunity that comes
0:47.5	with fall travel and the weather.
0:52.1	Right now I talk about something key to your wallet.
0:56.2	There are problems in the energy industry that are working very heavily right now to
1:03.6	your and my advantage as consumers.
1:07.6	Natural gas is in massive oversupply and wholesale.
1:13.3	The price has been driven down, down, down.
1:16.9	As far as you're indirectly affected, electricity producers around the United States have been
1:25.4	very heavily bringing natural gas plants online and providing power to you with natural
1:34.7	gas at a much, much, much lower price, then coal plants could do.
1:41.3	That's why coal plants are closing like crazy.
1:45.0	And our supply of natural gas is gigantic in the United States.
1:51.1	The big problem is for the exploration companies and producers that they can't get a return
1:57.2	on their investment right now.
	...

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