U.S. Residential Natural Gas Bills To Jump 30% This Winter

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…