Another Writer Sounding the Heating Oil Alarm

Ben Rooney of CNNMoney.com wrote an article about the impact of heating oil costs that are looming. The article is titled Dreading winter’s bitter bill. Here are some of the lines I agree with and have said something similar.

On average, consumers are expected to pay $1,182 to heat their homes
this year, up 20% from last year, according to recent estimates from
the Energy Information Administration (EIA).


… the outlook for the Northeast, where 8 million households depend on
heating oil, is even more worrisome. Homeowners in the region are
expected to spend an average of $2,725 on heating oil this winter.


Alarm bells have been sounding in Washington but lawmakers have
remained deadlocked on legislation aimed at expanding the help
low-income households need to deal with high energy costs.


“When gas prices go up consumers have options,” he said. They can drive
less or use public transportation. But when it comes to home heating,
“households have fewer options.”

Here are some other posts of mine regarding Heating Oil

Update on Heating Oil and China Growth (8/6/08)
The Fuel Cost Balance (8/4/08)
Oil Attention Too (5/27/08)
Oil Attention (5/14/08)

About benleeson
My name is Ben Leeson. I currently work for a large financial company in IT. I went to school at Marist College in Poughkeepsie, NY. I graduated with a B.S. in Business Administration concentrating in HR. Professor William Brown taught me and I enjoyed his classes; even acquiring an appreciation for just about all things HR. I didn’t pursue a job in that field after college but I’ve kept up with it. This blog will further my fascination with all things HR. I hope to grow my knowledge of the area through thoughtful writings and spirited feedback. I will attempt to have a fairly routine style so anyone reading can come to expect certain segments. Please excuse my incorrect grammar and occasional misspelling.

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