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Peakoil.com :: View topic - US heating cost to rise 10% this winter
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US heating cost to rise 10% this winter

 
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IslandCrow
Intermediate Crude
Intermediate Crude


Joined: Sep 12, 2005
Posts: 832
Location: Finland

PostPosted: Wed Oct 10, 2007 12:06 am    Post subject: US heating cost to rise 10% this winter Add User to Ignore List Reply with quote

BBC report
Quote:
US consumers will pay on average 10% more to warm their homes this winter than they did last year, according to a government forecast.


I notice that the short article ranks different fuels used for heating with oil going up most (18%), natural gas next (10%), and electricity only by 4%. This fits well with a lot of the models of how close to peak we are in each area.
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Jack
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Joined: Aug 11, 2004
Posts: 5085

PostPosted: Wed Oct 10, 2007 5:39 am    Post subject: Re: US heating cost to rise 10% this winter Add User to Ignore List Reply with quote

That should go well with those Christmas bills!

Seriously, I think the economy - at least, the economy from the perspective of the bottom two socioeconomic quintiles - is going to be in distress soon.

Peak cometh.... Cool
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Revi
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Joined: Apr 25, 2005
Posts: 3252
Location: Maine

PostPosted: Thu Oct 18, 2007 8:39 pm    Post subject: Re: US heating cost to rise 10% this winter Add User to Ignore List Reply with quote

I saw a price of $2.69.9 a gallon today for heating oil. That's already over 10% up from last winter here. It can only go up from here, with the dollar tanking so hard. Scary.

We know a person who put her last $7 into her heating oil tank, in October! It hasn't even frosted yet here. This is going to be a nasty winter for the poor and the working poor. I am glad we have a woodstove!
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