Lower heating costs predicted

By: Associated Press Email
By: Associated Press Email

November 12, 2008

WASHINGTON (AP) -- With oil prices plummeting, the government
says people will get a break this winter in heating costs. And next
year's gasoline prices should average a little under $2.40 a
gallon.

The Energy Information Administration revised its short-term
energy outlook Wednesday to reflect the dramatic drop in crude oil
prices.

It said people using fuel oil will still pay on average nearly
$1,700 this winter, a 13 percent increase over last winter. But
that's nearly $700 less than what was projected only a month ago.

Households that heat by natural gas will pay only slightly more
than last year -- about $890 for the October through March heating
season.

The agency projects gasoline prices at the pump will average
$2.37 a gallon next year, compared with $2.22 a gallon last week.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


WRDW.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
Mailing Address: P.O. Box 1212 Augusta, GA 30903 Main Telephone: (803) 278-1212 Newsroom: (803) 278-3111 Fax: (803) 442-4561
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 34370499 - wrdw.com/a?a=34370499