Government Reports Natural Gas Costs to Rise 6.3 Percent - KAIT Jonesboro, AR - Region 8 News, weather, sports

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Government Reports Natural Gas Costs to Rise 6.3 Percent

WASHINGTON - The government said today that U.S. households that depend on natural gas will experience moderate price increases this winter.

Heating a home with natural gas, which is used by 58 percent of households, will be 6.3 percent more expensive than last year.  The government says natural gas will cost an average of $13.43 per 1,000 cubic feet.

Electricity, which heats 30 percent of American homes, will cost two percent more at 10.3 cents per kilowatt-hour.  Propane costs will grow by 12.9 percent to $2.28 per gallon.  About five percent of households are heated with propane.

The retail cost of heating oil, which is used by 7 percent of American households, mostly in the Northeast, will surge 16.1 percent from a year ago to an average of $2.88 cents per gallon.

The information is from the Energy Department's Energy Information Administration.

(Copyright 2007 by The Associated Press.  All Rights Reserved.)

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