It's freezing. Cranking up the heat is going to cost you | CNN Business

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The “once-in-a-generation” winter storm sweeping across the nation will force Americans to crank up the heat at a time when it’s become increasingly expensive to do that

. Even before this historic winter storm emerged, experts warned home heating costs would jump this winter to the highest level in more than a decade. The average cost of home heating is projected to jump increase by 17.2% from last winter to $1,208, according to a November report from the National Energy Assistance Directors Association. The cost to heat homes is expected to be 35.7% higher this winter than the 2020-2021 winter, the report said.

But the heating bills will only get more expensive if the winter proves to be colder than expected. For instance, the EIA warned the average household that uses natural gas for heat will spend 37% more than last winter if temperatures are 10% colder than forecast. Heating oil bills would spike by 52%. Consumers were feeling sticker shock even before the winter began. Prices for utility gas spiked 15.5% year-over-year in November, according to the Bureau of Labor Statistics.

 

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High energy prices are self inflicted: crank up shale oil/gas production: problems solved for both USA & worldwide.

Yeah we all literally know thank u

Good grief Charlie Brown … It’s going to rain, freeze and temps are going to plummet … it’s not the end of the world “ as we know it “

It would be a bitch to freeze to death during global warming.

Why dont you tell us about Bidens corruption or the Hunter laptop?

You guys are supposed to report news... have you not seen that we are at the lowest prices since July 2021? Because you reported on it, now this.

Thanks to what political party, CNN? Say it. Say it........

Good thing ukraine blah blah blah

I'll put on more cloths and leave the thermostat alone

No.

Its cold during winter... must be climate change

Is this why the name change from Global Warming to Climate Change was necessary?

Joe Biden may be the cause of American citizens freezing to death with his energy policy

That 45 billion that went to ukraine could have helped.

Guess who's not going to be even mildly uncomfortable? Biden

Just think if we had nothing but solar or wind turbines for energy. Kiss our assses goodbye.

....becuase of Joe Biden's and the Democrat's attack on the energy sector under the State sponsored falsehood panic and fear of a 'climate emergency'. Finished the headline for you.

We were told the same thing last winter. Generations are getting shorter.

Thanks, Joe!

It’s a snow storm for FFS,why does the media have to sensationalize everything?

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