Is it just me or are those in the know always predicting the same thing this time of year. The same thing that you just know is going to happen anyways without some pencil necked economist sending out a report stating the obvious. “Home heating bills on the rise”. No kidding. Every year we hear how the price to heat your home will be higher than the year before. Unlike summertime, where if you get hot you can jump in a pool, turn up the ac, or where less clothes; winter is the oil baron’s best friend. There are plenty of ways to cool down, but getting warm is a different story. Nobody likes to be freezing cold.
According to our friends at CNN the price of oil used in heating your home will climb over 10%. That’s an average of $977 per home during the winter months making this a record-breaking year if it comes true. Which it probably will since the report coincides with another that says winter temps will be 4% lower this year than last.
So we’ve got temps getting lower, oil prices getting higher, and Congress doing nothing about it. Sure there’s talk of bill that would require utility departments to obtain 20% of their power for renewable sources, but that’s not even expected be in effect for another13 years. Who knows how expensive gas will be by 2020, what about now?
Now oil supporters will tell you that the rise in oil prices has nothing to do with winter and everything to do with the decreased value of the dollar, hurricane fears, supply and demand surges, and mid-east conflicts but why are the price hikes coming when we need the gas the most? When we need it to heat our homes? Because we are willing to pay more to stay warm than we are to get cool. That’s why.
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