Energy crunch: Heating US homes set to break the bank this winter
Al JazeeraHeating bills in the US are set to soar this winter, as global prices for natural gas, heating oil and other fossil fuels surge. “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. Households that rely primarily on natural gas for heating, nearly half the US, are expected to spend 30 percent more on average to keep warm this winter. If temperatures are 10 percent colder than average this winter, they could see their heating bills climb 50 percent or more.
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