Higher retail natural gas prices will be the primary driver for the expected increase in natural gas heating expenditures this winter U.S. households that primarily use natural gas for space heating will spend an average of $746 on heating between October and March A total of 48 percent of U.S. homes will pay 30 percent higher bills for heating this winter, as 48 percent is the share of U.S. households that use gas as the primary fuel for space heating, the Energy Information Administration (EIA) said on Monday. Higher retail natural gas prices will be the primary driver for the expected increase in natural gas heating expenditures this winter. Retail prices have jumped because of the steady rise in the spot natural gas prices since last year’s winter, the EIA said. The U.S. benchmark price Henry Hub has more than doubled since the beginning of 2021, due to relatively […]