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IslandCrow Intermediate Crude


Joined: Sep 12, 2005 Posts: 832 Location: Finland
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Posted: Wed Oct 10, 2007 12:06 am Post subject: US heating cost to rise 10% this winter |
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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. _________________ We should teach our children the 4-Rs: Reduce, Reuse, Recycle and Rejoice. |
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Jack Dark Lord


Joined: Aug 11, 2004 Posts: 5085
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Posted: Wed Oct 10, 2007 5:39 am Post subject: Re: US heating cost to rise 10% this winter |
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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....  _________________ Dieoff. Fun to watch. Better with hot buttered popcorn!  |
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Revi Fusion


Joined: Apr 25, 2005 Posts: 3252 Location: Maine
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Posted: Thu Oct 18, 2007 8:39 pm Post subject: Re: US heating cost to rise 10% this winter |
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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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