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According to Energy Secretary Jennifer Granholm, heating bills this winter are expected to increase significantly. Consumers relying on natural gas for heating their homes could spend up to 30% more this winter compared to last year. On the other hand, a warmer than usual winter temperature anticipation has led U.S. gas futures to fall on Tuesday. However, the substance is still up 80% this year and set to post its best year since 2005.
Therefore, natural gas stocks Range Resources Corporation (NYSE:RRC) and Southwestern Energy Company (NYSE:SWN) might be solid buys, given their strong fundamentals.
