October has begun and fall is finally in the air. With weather starting to cool across many parts of the country, consumers may be raking leaves, picking apples and wondering what they’ll dress up as for Halloween. But they are also wondering what the winter holds in store for their heating and energy bills, and experts at the American Gas Association (AGA) have a forecast for what natural gas costs might look like.
On Thursday, Oct. 4, AGA experts will give their outlook for this winter’s natural gas market. AGA Vice President of Policy Analysis Chris McGill, and AGA Director of Policy Analysis Bruce McDowell will participate in a press conference discussing how weather forecasts, domestic supply, consumer use and conservation and infrastructure all play a role in what natural gas customers will pay for their utility bills.
Last year, natural gas bills were among the lowest in the past decade due to both the low price of natural gas made possible by its domestic abundance and unusually warm weather. Not only did customers save on the market price of natural gas; they saved by simply not needing to use as much of it.
Stay tuned to AGA to hear what our experts have to say about this winter’s heating season, as well as what the next decade holds for natural gas markets. We will be livetweeting at 9 am EST from @naturalgasflk using the hashtag #AGAOutlook
Anyone looking to cover the event may send their request to cnyquist@aga.org.
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The Energy Information Administration (EIA) reports that homes using natural gas can expect to roughly about $1,000 this heating season on their bills. It’s about $2,300 for propane heated homes and $2,500 for oil-dependent homes.
Weather forecasts, domestic supply, consumer use, infrastructure ALL play role in #natgas #utility bills http://t.co/HPLn4Tca #AGAOutlook
Learn what’s in store 4 winter heating + energy bills from AGA experts tom at 9 am. Follow @naturalgasflk & #AGAOutlook http://t.co/HPLn4Tca
RT @naturalgasflk: RT @naturalgasflk: AGA Blog: What Will Your #NatGas Bills Look Like this Winter? http://t.co/HPLn4Tca #AGAOutlook #utilities