October 20, 2021
Business

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

Natural gas is used for…

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