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Soaring natural gas prices

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Official says residents should expect higher gas bills and begin budgeting for winter heating costs

By Marty Finley

By MARTY FINLEY

mfinley@thenewsenterprise.com

ELIZABETHTOWN — Recent projections in nationwide energy trends hint that Americans may be feeling more than a cold chill this winter as natural gas prices are expected to soar, correlating with the steady rise in oil prices.

Natural gas prices are hovering around $13 per million BTU for July and projections for the impending winter season indicate that the price will exceed that amount, up from an average of about $8 last year.


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