Increase in natural gas prices forecast by NEB

At the same time, natural gas customers looking to heat their homes can expect to pay between $1.10 and $1.30 per litre for heating oil, which is around last year’s costs. Based on weather forecasts, heating demands are predicted to be average to below-average in most of the country. 

Natural gas inventories were at record high levels last year, and this year they’re expected to be lower, but still within the five-year average. 

Production of natural gas in Canada and the U.S. is expected to run around 70 billion cubic feet per day, as it has so far this year.

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About Erica Fisher 4010 Articles

Erica is a reporter for Moose FM and energeticcity.ca in Fort St. John, B.C. She grew up in Victoria, B.C. and received her Bachelor's Degree in Journalism from Concordia University in Montreal, Quebec.