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What is the outlook for home heating fuel prices this winter?

The U.S. Energy Information Administration (EIA) publishes forecasts for average residential heating fuel prices for each winter in the October through March editions of the Short-Term Energy Outlook (STEO), Table WF01. Average Consumer Prices and Expenditures for Heating Fuels During the Winter. The forecast is for natural gas, heating oil, propane, and electricity on a national and regional level.

There are also forecasts for U.S. average annual and monthly residential prices of natural gas, heating oil, and electricity in Table 2. U.S. Energy Prices, and regional forecasts for residential natural gas prices in Table 5b and for residential electricity prices in Table 7c.

Last updated: October 19, 2020

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