A grim forecast for heating costs

Erin Ailworth
Boston Globe
August 21, 2008

Massachusetts residents who heat their homes with natural gas or oil could end up paying nearly $1 billion more this year than they did in 2007, about a 30 percent increase, according to a University of Massachusetts report set to be released today.

“It’s a tremendous amount of money out of people’s pockets,” said Robin Sherman, the report’s lead author. “People can cut back on [heating] to some extent if it gets too expensive, but there’s obviously a floor beyond which they can’t go to keep themselves in their homes without freezing.”

The increase will have an especially dramatic impact on the nearly 1 million households that are heated with oil, which now sells for about $4.70 a gallon, up from $2.59 a year ago, according to the Massachusetts Department of Energy Resources.

Read article

9/11 Chronicles Part One: Truth Rising Get the DVD and make copies or watch the high quality streaming and download version online at Prison Planet.tv. Click here to read more about the film and view sample trailers.

This article was posted: Thursday, August 21, 2008 at 1:13 pm

---

---

---

---