WASHINGTON — The U.S. Energy Information Administration (EIA) expects the average price of natural gas for the remainder of the winter heating season to be about 40% higher than the November spot price, despite expectations that U.S. natural gas inventories will remain higher than average throughout the winter. Although the price increase is notable, recent U.S. natural gas prices have been at near or record lows, and the increase will keep prices in line with previous end-of-winter prices.
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