The recent rally in natural-gas prices raised an alarm among consumers suffering from a cold snap in much of the U.S. this week — but when it comes to household spending on the heating fuel this winter season,

After another year of slumped natural gas markets across North America, a new report says 2025 could bring a jump in prices. An oil and gas price forecasting report published by Deloitte on Dec. 31 said an increased demand for Canadian natural gas coupled with growing LNG shipping capacity could translate into higher prices in the new year.

A wave of predictions that a polar vortex will make this January the coldest in years sent natural gas prices up this week, and experts say it could test supplies in the U.S. and Europe.

In 2021, Kansans were left on the hook for millions of dollars worth of natural gas after a sharp price increase. 27 News asked the Kansas Gas Service (KGS) if it was prepared for another harsh winter.