Energy crunch: Heating US homes set to break the bank this winter
Al Jazeera
Heating bills in the US are set to soar this winter, as global prices for natural gas, heating oil and other fossil fuels surge.
Winter is coming, and consumers in the United States had better brace themselves for a sharp rise in heating bills. That was the message from the US Energy Information Agency.
“As we head into the winter of 2021–22, retail prices for energy are at or near multiyear highs in the United States,” the EIA said on Wednesday in its latest short-term energy outlook. “We expect that households across the United States will spend more on energy this winter compared with the past several winters because of these higher energy prices and because we assume a slightly colder winter than last year in much of the United States.”
The numbers make for grim reading for households already struggling to make ends meet and which must now contend with soaring costs for natural gas, electricity, heating oil, and propane.
