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- Despite lower gas prices, the overall energy index is still up 19.8 percent over the 12 months through September. Natural gas rose by 2.9 percent in September and electricity rose by 0.4 percent. While the rise in gas prices might be short-lived, energy costs are expected to rise ahead of the winter heating season as demand goes up.
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May 3, 2022 · May 3, 2022. Already frustrated and angry about high gasoline prices, many Americans are being hit by rapidly rising electricity bills, compounding inflation’s financial toll on people and...
Apr 11, 2024 · By Kate Gibson. Edited By Aimee Picchi, Alain Sherter. Updated on: April 15, 2024 / 1:17 PM EDT / CBS News. Budget-conscious motorists may want to fill up sooner rather than later, as prices at...
Sep 17, 2022 · U.S. natural gas inventories have also dropped this year, which together has driven up prices around 300% from just a few years ago. What will this mean for prices in the U.S.? Prices are...
- Arezou Rezvani
Feb 16, 2022 · Feb. 15, 2022, 4:52 PM PST. By Daniella Silva. A spike in electricity prices, owing partly to the high cost of natural gas, is sending customer bills in cities, including New York, to...
Oct 13, 2022 · Nearly half of U.S. households use natural gas to heat their homes, and they will spend 28% more to do so this winter, the U.S. Energy Information Administration projected Wednesday. Those who...
Jan 20, 2023 · On average, EIA predicts natural gas heating bills to increase by 28 percent or about $200 more cumulatively between October 2022 and March 2023. Electricity bills will also increase for many Americans, with National Grid customers in eastern Massachusetts expecting a 64 percent uptick in bills.
Jan 11, 2023 · Science. Why your gas bill might be way higher this winter. Cold weather and rising gas exports are driving up prices — and it will hurt low-income communities the most. by Rebecca Leber....
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Our Experts Are Pursuing New Tech To Reduce Emissions While Creating More Efficient Fuels. We're Committed To Responsibly Meeting The World's Energy Needs. Explore Our Key Topics.