Natural gas and heating costs — Henry Hub, storage, and your bill

The traded price of natural gas (Henry Hub) leaks into regulated residential utility rates over roughly 2–6 months — a cold-snap spike in January is on your bill by spring. This page tracks the whole fuse: the spot price, lower-48 gas in underground storage against its 5-year band (the supply cushion that sets winter prices), the national residential rate, and the winter heating fuels.

Natural gas heats about half of US homes; heating oil matters most in the Northeast and propane in the rural Midwest. Storage below the 5-year band heading into November signals a tight winter; above it, prices relax. Sources: EIA (spot, storage, residential prices) and BLS (CPI utility piped gas) — free, with per-state prices on the state cost pages.

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