Map Reveals States That Could Face Worst Heating Bills This Winter
Summary
Many households in the Northeast United States, where heating oil is commonly used, face higher heating costs this winter due to rising heating oil prices. The increase in prices is linked to disruptions in the global oil market following the conflict in the Middle East, causing some families to pay much more to heat their homes as temperatures drop.Key Facts
- Heating oil prices have risen more than 70% compared to last year, averaging over $6 per gallon.
- About 4.8 million U.S. households rely on heating oil, mostly in the Northeast.
- Maine has the highest share of homes using heating oil, with about 50% relying on it for heat.
- Other states with significant heating oil use include New Hampshire, Vermont, Connecticut, Massachusetts, and New York.
- Heating oil and diesel fuel are similar, so supply issues affect both prices.
- A typical Northeast household using heating oil might need 800 to 1,000 gallons in a heating season.
- This could translate into heating bills around $6,000, compared to approximately $3,500 to $4,000 in previous years.
- The Energy Information Administration (EIA) expects a 21% increase in heating oil spending this winter compared to last year.
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