Posted by
Team Turk on Wednesday, October 11, 2006 2:09:51 PM
Kansas City Star narrates
energy price forecast.
The federal Energy Information Administration said Tuesday that it expects natural-gas customers in the Midwest to see their heating bills decline 14.2 percent compared with last winter. Nationwide, the agency expects a 12.6 percent decline.
That would mean that an average residential natural-gas heating bill would drop about $156 in the Midwest and $119 nationwide this winter. Natural gas is the primary fuel for heating in this region and is used to heat 58 percent of households nationwide.
The outlook for other fuels used for heating is mixed. Fuel-oil expenditures are expected to increase 6.3 percent nationwide. Electricity spending is expected to increase 7.4 percent. Propane spending is expected to decline 1.1 percent.