(Des Moines) The price of natural gas went up more than 13 percent over the past two years, but this year it’s down. The U.S. Energy Information Administration is predicting natural gas home heating prices nationwide could be as much as 21 percent lower this year. Alliant Energy and MidAmerican Energy both say the decrease is due to the U.S. having an ample supply of natural gas going into the winter heating season and a warmer-than-normal winter forecast.
US natural gas stockpiles were already about 6% above average in mid-November and are expected to increase further.