US May Face Heating Cost Spikes Amid Natural-Gas Crunch – ryan

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MANY American Households May Face Significantly Higher Heating Bills This Winter, Thanks to Record US Exports of Natural Gas Amid A Global Supply Shortage. Break Wall Street Journal reports that the domestic price of natural gas is already on the rise, for only the second time the US firms exporting Shale ABROAD in 2016.

US SUPPLIERS HAVE TRANSED A RECORD AMOUNT OF NATURAL GAS OUT OF THE COUNTRY THIS YEAR. And following a scorching Summer and Extreme Conditions Last Winter, American Utilities’ Own Natural-Gas Supplies Are Already Lean, The Journal Notes. In the last week of october, the amout of gas in underground storage was 8 percently the same time year and 2.7 Percently the five -ear average, according to the Energy Information Administration.

Break Journal Reports that Because of the ongoing squeeze, US utilities across the country – Now Facing the Highest Natural Gas Prices in Years – have filled requests with regulators to raise rates for the winter. Households that Depend on Natural Gas Will Likely Pay an Avent of 30 Percents for Heating This Year, The Eia estimated. The prices coulud go higher if it is a goal and Americans are forced to crank up their supplies.