The cost of natural gas and heating oil is climbing again, likely to cause more financial pain this winter for consumers already struggling to pay for food, clothing and other items.
On Monday, natural gas futures for delivery in November, December and January each traded for more than $10 per million British thermal units, the highest since 2008 before shale drilling expanded supplies of natural gas and reduced prices.
“We’re going into this winter on a tighter, more expensive market basis than we’ve seen in quite a while,” said Dan Dolan, president of the New England Power Generators Association.
