EIA: Household gas spending to rise 13% during 2013-14 heating season

12/16/2013
In its most recent Short-Term Energy and Winter Fuels Outlook, the US Energy Information Administration outlined that it expects US households heating with natural gas to spend an average $679 this winter, up 13% from last winter but still lower than the previous 5-year average. The increase in expenditures reflects a 13.7% rise in gas prices over last winter, with a relatively flat consumption level. US household expenditures this winter for heating oil, meanwhile, are forecast to average $2,046 compared with $2,092 last winter. This decrease represents a 3% decrease in consumption and a 5% decrease in prices. Projected expenditure changes from last winter are 9% higher for propane and 2...
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