Households Brace for Higher Winter Heating Costs as Natural Gas Prices Vault

Households Brace for Higher Winter Heating Costs as Natural Gas Prices Vault
Natural gas flares off at a production facility owned by Exxon near Carlsbad, N.M., on Feb. 11, 2019. Nick Oxford/Reuters
Tom Ozimek
Updated:

The relentless rise in natural gas prices continued on Oct. 6, highlighting the looming threat to U.S. households bracing for higher heating costs in the event of a harsh winter.

U.S. natural gas futures were up 1.11 percent at $6.312 per million British thermal units (mmBtu) in early trading on Oct. 6 after jumping around 9 percent a day earlier to settle at $6.312 per mmBtu, their highest level since 2008.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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