WASHINGTON - Heating fuel inventory levels are currently on track to reach normal or near-normal levels by the end of October, according to projections released by the Department of Energy's (DOE's) Energy Information Administration (EIA). But a colder-than-normal winter could drive prices sharply higher.
According to the EIA, natural gas storage, which finished the last winter season at record lows, has recovered to about normal at the outset of this season. Distillate and propane inventories are within their normal ranges.