With High Natural Gas Prices, Now Is The Time To Build Back Better

  • Date: 15-Nov-2021
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Gulf
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With High Natural Gas Prices, Now Is The Time To Build Back Better

Share to Linkedin Experts are forecasting serious sticker shock from home heating bills this winter. Nearly half of United States' households heat their homes with fossil fuels, including natural gas, propane, or heating oil, and these consumers are expected to spend much more this winter because of fuel price increases. That could greatly burden many families and businesses already operating on thin margins. Yet homes that use electricity for heating and cooking are largely insulated from the pain of volatile fuel markets, and they're facing dramatically lower price increases as a result. TOPSHOT - A mailbox is seen frozen in a snow covered neighborhood in Waco, Texas as severe winter ... [+] weather conditions forced road closures and power outages over the state on February 17, 2021. - Millions of people were still without power on February 17 in Texas, the oil and gas capital of the United States, and facing water shortages as an unusual winter storm pummeled the southeastern part of country. The National Weather Service (NWS) issued a winter storm warning for a swathe of the country ranging from east Texas to the East Coast state of Maryland. (Photo by Matthew Busch / AFP) (Photo by MATTHEW