Marcellus Minutes is a subscription-based newsletter sent to all subscribers registered through the Marcellus Minutes website that contains information on legislation including bill tracking, committee hearings and news from the Capitol in Harrisburg. Access to the website is free and provided to those directly involved and those with an interest in Pennsylvania’s oil and gas industry.

Winter heating bills should be lower than last year’s, thanks to falling natural gas prices

Consumers suffering from this summer’s high AC-accelerated electric bills can find some comfort in the natural gas outlook for this fall and winter.

Gas prices are running much lower this year than last as the glut of natural gas continues to flow. Analysts say increases in drilling efficiency are producing more gas despite fewer new wells being drilled.

Gas already in storage for next winter was 25 percent higher than year-ago levels by the end of the third week in July, according to the latest available information from the U.S. Energy Information Administration. The EIA will update its estimates later Thursday.

Read More

 Marcellus Minutes © 2015 | 4075 Linglestown Road, PMB 356 | Harrisburg, PA 17112 | Bigley and Blikle, LLC