cost-of-living

Natural gas prices down 38% from a year ago: what a cheaper winter heating season means for your bill

An unmarked home gas furnace and heating pipes in a utility room lit by winter daylight.
Cheaper wholesale natural gas could ease winter heating bills, though delivery charges limit the savings. Illustration: MarketIntelLabs

For the week of November 9, the number that defines your budget is not the one in the headlines. While gasoline and diesel keep printing alarming year-over-year gains, the fuel that heats roughly half of U.S. homes, per EIA data, is now 38% cheaper than it was this time last year. Natural gas futures traded at $2.65 per million Btu in the week ended October 30, down from $4.29 in late November 2025. For a household that heats with gas, that is the difference between dreading winter and merely paying for it.

Key Takeaways Henry Hub natural gas futures closed at $2.65 per million Btu in the week ended October 30, down roughly 38% from $4.29 a year ago. Regular gasoline averaged $4.153 a gallon…

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