Keeping Warm This Winter Could Be More Costly As Inflation Heats Up

Rising inflation and higher demand for fuel mean most Americans will see big increases in their winter heating bills this year, the U.S. Department of Energy warns in a report released Wednesday.

About half of American households rely on natural gas for heat, and they will pay about 30 percent more for heat than last year—and perhaps as much as 50 percent more if the winter is 10 percent colder than expected, the department estimates. That means the average family that relies on natural gas to stay warm this winter will shell out $746...