Utility company says gas prices will be lower this Winter

Finally, some good news about our heating bills. Iowa’s largest utility is predicting natural gas prices will drop significantly in the winter ahead.MidAmerican Energy spokesman Kevin Waetke says there should not be a repeat of last winter’s skyrocketing natural gas costs. He says the utility has bolstered the amount of natural gas in storage to avoid the problems of last winter. Last year, natural gas was trading at around ten-dollars per unit. This year, projections are it’ll be about three-dollars per unit. He says January was probably the hardest month for most customers as it was very cold and the gas prices went way up.Forecasters are predicting near-normal temperatures and precipitation in Iowa for the October-through-February period.