Monday, August 25, 2008

Short-Term Energy Outlook

Residential heating oil prices during the upcoming heating season (October though March) are projected to average $4.34 per gallon compared with $3.31 during the last heating season, an increase of about 31 percent. Residential natural gas prices over the same period are projected to average $15.58 per Mcf compared with $12.72 per Mcf, during the last heating season, an increase of about 22 percent.
Source: Energy Information Administration of the U.S. Department of Energy

1 comment:

dot said...

Oh thanks for the great news. I guess I will need to get more quilts done to keep warm with. Have a great day.