Oct 15, 2010

EIA Energy projections... taking hits while we're down..

The average household winter heating fuel expenditures will continue to increase 4-12%
EIA - Projected Winter Fuel Expenditures by Fuel and Region
  • Natural Gas - EIA expects households heating with natural gas to increase 4 % this winter ...residential prices had 6-% increase in average household.
  • Heating Oil - EIA expects households heating with heating oil to increase 12 %...The average Northeast household is projected to spend 13 % more.
  • Propane -  About 6 % of total U.S. households heat with propane...residential propane prices increase by over 15 % from last winter.
  • Electricity - Households heating with electricity can expect electricity expenditures are 2 % lower this winter because a 4-% decline in consumption more than offsets a 2-% increase in prices.