​Growing Demand Will Drive Heating Prices Higher

Wisconsin Manufacturers and Commerce confirms the growing demand for energy is going to drive heating prices higher this winter. Speakers from the organization say the demand for energy since the pandemic is continuing to rise. American Petroleum Institute VP of Natural Gas Markets Dustin Meyer says demand peaks in winter. That’s why there is so much concern about the November prices. While the market is pushing those increases, the current inflation rate of 5-percent is also having an impact.