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Home heating sticker shock: The cost of natural gas is up 180%
New York (CNN Business)Americans should brace for sticker shock on home heating costs as temperatures drop this fall and winter.
Prices for natural gas, the most common way to heat homes and a leading fuel source for generating electricity, have surged more than 180% over the past 12 months to $5.90 per million British thermal units. Natural gas hasn't been this expensive since February 2014.
The risk is that an early winter or extremely cold fall temperatures will force households to crank up the heat. That would further shrink the nation's below-average stockpiles of natural gas and could lift prices even higher.
Just FYI
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