Households Can Expect a Big Spike in Heating Bills This Winter

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American households can expect a distinct spike in heating bills with winter.

The Washington Examiner reports:

Nearly half of U.S. households that warm their homes with natural gas can expect to spend an average of 30% more on their bills than last year, according to the Energy Information Administration.

The agency said that bills would be 50% higher if the winter is 10% colder than average and 22% higher if the winter is 10% warmer than average.

Households that use natural gas as their primary heating fuel will spend $746 this winter on average for their home-heating bill from Oct. 1 to March 31, compared with about $573 during the same period last year.

The EIA attributed the rise to higher commodity prices for natural gas, crude oil, and petroleum products, which are being passed through to retail prices, and the likelihood that the U.S. is set to experience a cold winter.

Americans have already seen climbing prices in grocery stores and at the gas pump, it seems there’s no end in sight for incoming infkation.

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charles A wilkins
charles A wilkins
1 month ago

Happy Thanksgiving maybe, if your part of the lucky ones who can find a Turkey doubt if the White House will be pardoning the turkey’s this year, people who are dressing the turkey’s shortages, trucker shortages ,time to bring in the illegal turkey’s? Robert Kauffman, owner of Ho-Ka Turkey Farms, said “the problem isn’t the turkeys. It’s having people to dress them , take the feathers off and get them ready to cook.” Farmers warn of dire turkey shortags, Some facilities operating at only 7% capacity ahead of Thanksgiving. The potential turkey shortage is actually thanks to another Democrat-caused problem: America’s Labor Shortage. If you’re excited to tear into some turkey with loved ones this Thanksgiving, it might be time to brace yourself for disappointment. America’s go-to turkey company, Butterball, is concerned that there may be a shortage this year, WBBM-TV reported. The problem is the Biden’s supply chain issues, according to one turkey farmer in Illinois.

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