Heating costs forecast to soar this winter | CNN Business

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No matter how you heat your home, the cost is likely to soar this winter

Based on current estimates for fuel prices if, as forecast, there’s a slightly colder winter ahead, the EIA estimates that heating a home with natural gas heating costs will rise about $200 on average, or 28% to $931 for the winter. Still, that’s not as bad as heating oil costs, which are forecast to jump $1,200, or 27% to $2,354. Electric heating costs could rise $123, or 10%, to $1,359, while propane heating costs are expected to rise $80, or 5%, to $1,688.

But 80% of the homes using electric heat are in the South and the West, which require less heat than the Midwest or Northeast. Heating oil is only used in 4% of homes nationwide, with almost all of them in the Northeast. The cost estimates are based partly upon weather forecasts from the National Oceanic and Atmospheric Administration, which is projecting about a 6% increase in the number of days heating is needed, as weighted by population.

 

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As predicted by absolutely everyone.

Biden screwed up America while you just sit there? Investigate it

Thank you Biden and the puppet states in Europe

'the cost of heat likely to soar' Realist: 'Because the rich aren't rich enough.' Dumb Trumpers: 'it's Biden's fault.'

Maybe these oil and gas companies should use their record profits to drive the cost of energy down and do some good while we destroy the planet

CNN TRYING TO SCARE US AGAIN. I AM STILL VOTING DEMS AND FOR A STRONG DEMOCRATIC AMERICA. GAS, FOOD, ETC PRICES WILL AS USUAL GO AND DOWN, BUT IF OUR DEMOCRACY GOES DOWN, IT MAY NEVER COME BACK AGAIN. VOTE ALL DEMS IN THIS NOV MIDTERMS.

Geothermal

Thanks Joe!!

Thanks to Biden and democrats war on US oil and gas production

Get Democrats out of power This election is huge!! Open the pipelines and close the border

Cnn+ democrats = 🤡🤡🤡🤡🤡🤡

Thanks to old Joe Biden with wrong policies

Bc Democrats

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