Natural Gas Prices Soar, Impacting Winter Heating & Electricity Bills

Soaring natural gas prices threaten to offset savings on gasoline, as heating bills and electricity costs surge. Despite a recent drop, natural gas prices remain 50% higher than last year, with no clear trend for the future. Households using natural gas for heating can expect a 3% increase this winter, while electricity prices have already risen by over 7% in the past year, driven by increased demand and the AI boom.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.