Tuesday, September 25, 2007

U.S. consumers are expected to pay record prices for heating oil, electricity and propane to warm their homes this winter, and low-income families will need government help to cover those bills, government energy officials said on Tuesday.

Heating fuel expenses this winter will be highest for heating oil, with the average family paying $1,834 for the season, up 28 percent or $402 from last year, according to the National Energy Assistance Directors’ Association.

The group expects propane costs to average $1,732, up 30 percent or $384. Consumers that rely on electricity for heat will pay $883 this winter, up 7 percent or $58.

Natural gas expenses will be the cheapest of the major heating fuels, averaging $881, up 5 percent or $50, the group said.

1 comment:

  1. A guy at work was telling me today that he wants to buy Lp and he can get it for $1.58 a gallon for his 1st fill then it will go to $3 to $3.50 a gallon after that.

    What is the normal working person to do.Freeze,eat or drive to work?Were screwed either way.

    I know if i didn't have the wood furnace i do now i would be forced to put one in the house like you have.With no doubt i would never be able to buy the propane i used to.

    They say were now heading towards a recession but how can we not be in one.Fuel is sky high,property values are decreasing,and the value of a dollar is worth .25 along with everything else.

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