WASHINGTON – Affordability and reliability took the lead at the American Gas Association’s Winter Heating Outlook on Tuesday as the surge in natural gas demand is met with record natural gas production and a 16% increase in technically recoverable domestic natural gas resources. While a continuation of last year’s “La Niña” weather pattern signals a colder than average winter season in the lower-48 states, natural gas bills are projected to be 8% lower than higher prices of several years ago.
“Natural gas continues to be America’s strategic advantage for affordable, reliable energy heading into the 2025-2026 winter heating season,” said AGA Vice President of Energy Markets, Analysis and Standards Richard Meyer. “Demand for natural gas has surged and increased production, energy efficiency gains and robust domestic storage have allowed the industry to keep pace, setting the stage for continued affordability and reliability for American consumers.”
“A colder than average winter means customers may consume more natural gas this year to heat their homes, but prices remain 10% lower than they were a few years ago. Natural gas utilities are part of the communities they serve and work hard every day to put customers first, ensuring they have the energy they need when they need it. Several energy assistance programs are available – including weatherization assistance to make sure your house is winter-ready. Check with your utility to see what programs may be available to you,” Meyer continued.
According to the outlook, energy efficiency has reduced consumption per customer, regardless of winter temperature, helping to reduce bills and enabling utilities to meet the needs of more customers than ever before. Households heating with natural gas have seen inflation-adjusted energy costs decline over time while an equivalent annual electric bill has remained flat. In total, natural gas expenditures make up just 1.1% ($867) of all annual household expenses for the average American household – less than gasoline ($2,449), electricity ($1,763) or cell phone service ($1,270).
Natural gas production is rising to meet growing requirements. Natural gas demand growth expectations have risen between 5 to 9% through 2026 as a result of LNG export growth. The natural gas drilling rig count is up 18% even as oil has declined, and despite increased exports, storage inventories are filled above the five-year average as the withdrawal season approaches, signaling strong preparedness for the winter heating season. Inflation-adjusted prices for natural gas also remain historically low, showing continued reliable affordability for American families, businesses and industry.
Got A Tax Burden in 2025?
Crude Oil, LNG, Jet Fuel price quote
ENB Top News
ENB
Energy Dashboard
ENB Podcast
ENB Substack
Be the first to comment