Oil Heating Prices To Reach Record Highs This Winter
In its annual winter
forecast issued yesterday, the Energy Department’s analytical division said
consumers will pay 10 percent more to heat their homes. It also added that this
winter will be colder than last year’s, but warmer than the average winter over
the past 30 years.
Hardest hit will be homes
using heating oil, followed by propane, natural gas and electricity. The
administration says households in the Northeast can expect to pay a record
$3.06 a gallon for heating oil, up 66 cents from last winter.