A natural gas shortage could mean extra-high heating bills this winter.
Gas supplies were hit hard by Hurricane Ida, with 78% of gas production in the Gulf of Mexico still offline. Meanwhile, natural gas prices are currently at a seven-year high.
That could add up to very expensive heating bills this winter – for the more than 50% of U.S. homes that use natural gas.
Heard on the Street: Storage levels of natural gas look rather thin globally, while prices have surged. A cold winter in parts of the world could send prices even higher. https://t.co/wHCRFfvkaA
— The Wall Street Journal (@WSJ) September 12, 2021
Is your home heated by gas or electricity? What do your heating bills look like in a typical winter?
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