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Wednesday, January 2, 2008

Norrish Expects Natural Gas Prices To Rise Only Modestly


Thats more than twice the rate during the same period last year.

Norrish expects natural gas prices to rise only modestly in the near future.

As for next spring when gas prices usually spike on anticipation of increased demand over the summer schork noted that in all likelihood well be going into the season with much less in gasoline inventories than last year.

Heating up a bit

rising oil prices could also mean higher heating bills for those who use oil mostly households in the northeast or about percent of the country. . And while natural gas prices arent tied directly to the price of crude those who use natural gas could see a percent increase in home heating bills.

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