Expect ‘sticker shock’ from home heating costs this winter, says analyst

Expect ‘sticker shock’ from home heating costs this winter, says analyst

Households can expect to pay more to heat their homes this winter.

“Natural gas futures (NG=F) prices are more than double what they were one year ago,” according to Andy Lipow of Lipow Oil Associates.

The energy analyst notes home heating oil is also higher and the cost of delivering it to the home is going up as well.

“The consumer is going to pay more for their heating bills this winter, whether they use natural gas or home heating oil. Most will have sticker shock,” Lipow recently…


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