Why you’ll pay more for heat this winter; watch out for fake job scams: CBC’s Marketplace Cheat Sheet
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Brace yourself for higher heating bills this winter
A rise in natural gas prices will likely have many of us paying more for our home heating bills this winter.
A marriage of factors in North America and Europe — from summer storms to an overseas supply crunch — have contributed to the sharp rise in the price of the fossil fuel.
Martin King, a senior analyst at RBN Energy, said the Alberta spot price for natural gas was around $4.80 a gigajoule on Thursday morning.
That might be a boon for natural gas producers, but it’s a setback for consumers, who will be facing higher gas bills at a time when they’re already paying more for housing, transportation and food. Read more