NewsNational News

Actions

Natural gas prices expected to soar this winter

Natural gas prices expected to rise this winter
Posted at 8:18 AM, Sep 21, 2021
and last updated 2021-09-21 09:18:49-04

CORPUS CHRISTI, Texas — Here's another case of unbalanced supply and demand as natural gas prices are set to be higher than normal this winter because of low inventory.

Prices for winter deliveries are already surging.

According to Bloomberg, the price spikes are expected to be highest in New England and California.

It reports a particularly cold winter could put extra strain on the nation's supply and push prices even higher.