EIA: Return to near-normal winter will drive heating bills higher
October 10, 2012 By Kevin Yanik
A return to a near-normal winter is the driver behind higher home-heating expenditures forecasted across four primary fuels, reports EIA.
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A return to a near-normal winter is the driver behind higher home-heating expenditures forecasted across four primary fuels, reports EIA.
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Like a digital slideshow that moves at a rapid pace, and you want to slow it enough to recognize what’s in front of you, the energy picture is an ever-changing phenomenon that can be difficult to follow.
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The smooth flights in and out of Kansas City for the NPGA fall board of directors and committee meetings weren’t consistent with the turbulent environment on the ground and in conference rooms.
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The shutdown has caused supply problems and price hikes in the region.
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A wholesale price plunge brings healthy margins for most marketers this winter season.
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The doom and gloom of the economic forecast is offset by plummeting product costs.
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As the waning summer waxed into fall, uncertainty was the watchword among industry experts asked what this winter will bring.
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With the price of oil topping $100 per barrel amid a sputtering overall economy, propane marketers and customers alike spent much of the 2007-08 winter heating season struggling to cover their costs. And while some regions saw record-setting snowfalls, bitterly cold temperatures, crippling ice storms and widespread power outages, other parts of the country experienced way too much warmth to pump appropriate amounts of propane.
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What are the critical challenges facing propane retailers, and how are they being addressed?
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Oil at $80 a barrel, double-digit economic growth in China, rising energy consumption worldwide, geopolitics and concerns about global warming were some of the issues energy officials and analysts addressed at the recent Winter Fuels Outlook sponsored by the Department of Energy and the National Association of State Energy Officials.
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