Residential propane prices in October 2022 similar to prices in October 2021

Propane prices during the first month of the current winter heating season (October–March) are essentially unchanged compared with prices at the same time last winter. The U.S. residential price of propane averaged $2.66 per gallon (gal) in October 2022, the same as the average price in October 2021, according to our Heating Oil and Propane […]

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U.S. electricity customers averaged seven hours of power interruptions in 2021

On average, U.S. electricity customers experienced just over seven hours of electric power interruptions in 2021, almost an hour less than in 2020. When major events—including snowstorms, hurricanes, and wildfires—are excluded, the average duration of interruptions annually remained consistently at around two hours per year from 2013 to 2021. […]

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EIA now expects U.S. natural gas prices to average above $6.00/MMBtu this winter

In our November Short-Term Energy Outlook (STEO), we forecast that natural gas spot prices at the U.S. benchmark Henry Hub will average $6.09 per million British thermal units (MMBtu) this winter (November 2022–March 2023), the highest real price since winter 2009–10. Our forecast reflects natural gas storage levels that are 4% below average heading into […]

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