![]() ![]() The United States can only export a small portion of its natural gas supply due to limited terminal space for liquefied natural gas (LNG) export.Įlectricity is the primary heating source for about 40% of homes. Natural gas prices have risen sharply in recent months due to shortages in places like China and Europe, where demand has rebounded from the pandemic. The average cost for a home with natural gas last winter was $573, far cheaper than other major sources of heat. households rely on natural gas for heat, with the average cost for those homes expected to rise by 30% to $746 for the October-to-March period from the same time a year earlier, the statistical arm of the U.S. "These dynamics are raising energy prices around the world." “As we have moved beyond what we expect to be the deepest part of the pandemic-related economic downturn, growth in energy demand has generally outpaced growth in supply,” EIA Acting Administrator Steve Nalley said in the release.
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