The annual Winter Fuels Outlook is out from the Energy Information Administration. The government report says you’ll be digging deeper into your pockets to be warm this winter, but for most Americans, it could be worse.
FOX News Radio’s Chris Hoenig has details:
Ask anyone who has heated their home over the past several years, and they’ll tell you:
(MOS) “Gas has been expensive, yeah.”
According to the Energy Department, heating bills will cost more this year – anywhere from 5% more for electricity to 20% more for heating oil customers – but that’s mainly because it’s going to be colder this winter.
Heating oil is expected to hit record highs, but natural gas, propane and electricity costs are set to be below the five-year average – and in some cases, lower than last year’s per-unit cost – but you’ll need more energy than last year’s record winter warmth.
Chris Hoenig, FOX News Radio.