Bad News About Winter Oil Prices

Updated 6 years ago

New Englanders struggling to pay gas prices

topping $4 a gallon should brace for more bad news – home heating

oil costs next winter are expected to hit record highs.

The National Energy Assistance Directors’ Association, which

represents state-run low income energy assistance programs, has

predicted that home heating oil costs will hit record levels this

winter.

The group said the national average cost to heat a home with oil

this winter will be $2,593, up from $1,962 last winter. Families in

cold-weather Northeast states will be hit even harder.

One retail heating oil dealer says she expects a typical

household delivery that cost $500 last winter will climb to at

least $850 this winter.


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