What makes natural gas prices rise?
Natural gas prices rise for the same reason the prices of other goods tend to rise. It’s called “supply and demand.” The amount of natural gas our country produces and uses is closely linked to the price of the gas. If the supply or demand for natural gas changes, a change in the price of the gas follows. Sometimes, even news about the supply of natural gas can cause its price to change. Over the past several years, the price of natural gas has risen steadily. That’s because the use of natural gas has increased, but the supply hasn’t increased at the same rate. Natural gas is popular, and its use is growing. It’s efficient, and its use has a low environmental impact. Homeowners enjoy the comfort and warmth it provides. And because it’s produced in our own country, it contributes to U.S. energy independence. In addition, natural gas prices can rise due to changes in weather. Hurricanes in production areas or colder-than-normal winter weather can create short-term increases in the demand
