Despite cold snap, ND natural gas prices to remain steady

The cold snap across most of the country is causing an increase in demand for heating, which is causing a spike in natural gas.

According to CNBC, prices nationally are hovering around $3 per cubic foot as of Thursday morning. That's up 50 cents from 2017.

The big question is, if you'll see a change on your utility bill here in North Dakota?

"A majority of our gas is on a pre-arranged price, and we have natural gas in storage. So, while other parts of the country, especially the east coast is seeing some big demand and price spikes, our customers aren't seeing that," said Mark Hanson, Montana Dakota Utilities.

Hanson says for an average home, consumers will pay about $80 a month during the winter months, which are the same prices seen last year.