The supply of natural gas is not enough to meet demand through the coming winter, at least not at the current prices. So, they're likely to climb.
But are prices really going to be through the roof this winter? Those in the know say not to worry.
"Natural gas market prices are rising, and they are higher, in part, because of the good news: The economy is recovering," Richard Meyer, Vice President of the American Gas Association, told KCBS Radio on Monday.
Meyers explained that natural gas supplies haven't being growing as fast as demand, but customers shouldn't necessarily expect to pay as much as recent headlines might indicate.
"Gas utilities are using a range of physical and financial tools to help protect customers from market volatility and those prices you may see in the headlines," Meyer said.
He added while the natural gas industry is working to produce more, there are things we can all do to make it hurt a little less.
"Make sure you have your furnace inspected by a licensed technician," Meyer advised. "Make sure you change the furnace filter as recommended for your furnace. You can dial back your thermostat, turn it down 5-7 degrees."
As prices are increasing, he also suggested grabbing a sweater or blanket to bundle up indoors this winter when temperatures start to drop.
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