New Englanders Will Pay 65% More To Heat Their Homes This Winter
The price of heating oil, a fuel most commonly used in New England to heat homes, has gone up by 65% since October 2021.
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The price of heating oil, a fuel most commonly used in New England to heat homes, has gone up by 65% since October 2021.
The chances of a winter fuel crisis are heating up, and the Biden administration's hasty decision to ban Russian oil is partially to blame, one energy expert said.
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As the United States took steps to alleviate high gas prices this year, the cost of diesel, another key commodity, has been quietly climbing for months thanks to a supply crisis that threatens to extend to nearly every corner of the U.S. economy this winter.