The US Department of Energy is wondering if heating oil prices are headed sharply higher this winter on low inventory as temperatures start to fall in the coming weeks. With distillate fuel inventories nationally at 121.4 million barrels, which is below the normal range for this time of year, and natural gas prices consistently around…
MARKETS: DoE asks if US headed for heating oil shortage this winter
Posted on November 18, 2002 by EnergyAsia