Northeast Heating Bills to Rise as Diesel Costs Climb — SkimNews
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- Northeast Americans will pay significantly more to heat their homes this winter, according to the report
- Fuel costs are rising amid the U.S.-Iran and Russia-Ukraine wars, contributing to higher heating expenses
- Diesel prices are climbing in particular, directly affecting the cost of heating oil
- Heating oil, also called fuel oil, is a home heating fuel whose price tracks diesel costs
Why it matters: Households in the Northeast that depend on heating oil will see their winter energy bills climb as diesel prices rise, with the report attributing broader fuel cost increases to the U.S.-Iran and Russia-Ukraine wars.
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