Increase in natural gas prices forecast by NEB

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Erica Fisher

Erica is a reporter for Moose FM and energeticcity.ca in Fort St. John, B.C. She grew up in Victoria, B.C. and received her Bachelor's Degree in Journalism from Concordia University in Montreal, Quebec.

At the same time, natural gas customers looking to heat their homes can expect to pay between $1.10 and $1.30 per litre for heating oil, which is around last year’s costs. Based on weather forecasts, heating demands are predicted to be average to below-average in most of the country. 

Natural gas inventories were at record high levels last year, and this year they’re expected to be lower, but still within the five-year average. 

Production of natural gas in Canada and the U.S. is expected to run around 70 billion cubic feet per day, as it has so far this year.

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