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Energy Department warns of higher heating costs

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capcityfreepress
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Joined: 01 Oct 2007

Posts: 26313
Location: Montgomery

Posted: Tue,07,Oct,2008,8,39,am Post subject: Energy Department warns of higher heating costs

http://www.al.com/newsflash/washington/index.ssf?/base/politics-16/1223383443194780.xml&storylist=washington

Quote:

WASHINGTON (AP) — Although global oil prices have plummeted, the cost of heating your home this winter will be a lot more expensive, especially for households that depend on fuel oil, the Energy Department predicted Tuesday.

Households that use fuel oil can expect to spend an average of $2,388 — or $449 more than last year — for the October-April heating season. Users of natural gas will pay less than half that, $1,010 on average, still $155 more than last year.

The department's Energy Information Administration emphasized that the cost figures should be viewed as "a broad guide" comparing this year's expected heating costs to last winter and said actual expenses can vary depending on region, local weather and the energy efficiency of individual homes.

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