Oct. 17, 2006: Lower Fuel Costs Expected to Offer Some Relief This Winter
WASHINGTON - Despite expectations for this winter to be slightly colder than last winter, the average U.S. household is expected to pay about $45 less for heating this winter, according to the U.S. Department of Energy's (DOE's) Energy Information Administration (EIA).
EIA's "Short Term Energy and Winter Fuels Outlook" predicts the greatest cost relief for users of natural gas. With the amount of natural gas in storage now well above historical levels, natural gas prices are expected to be significantly lower this winter, resulting in savings of about $119 for the average U.S. household. Propane prices will also be slightly lower.