Heating Oil Shortages Loom in the Northeast
Heartland Author
November 15, 2022
By Robert Romano
Home heating prices are soaring this coming winter, especially in New York and the northeast, where heating oil shortages are looming before the winter has even begun.
On Oct. 13, there was a 26-day supply of home heating oil left for the northeast U.S.
By Oct. 24, it was down to a 25-day supply, the lowest since 1993, as calls to release the Northeast Home Heating Oil Reserve have already begun, and it’s not even November yet.
According to Energy.gov, if released the Northeast Home Heating Oil Reserve could boost supplies for about a week or two: “The reserve would give Northeast consumers supplemental supplies for approximately 10 days, the time required for ships to carry additional heating oil from the Gulf of Mexico to New York Harbor.”
https://heartlanddailynews.com/2022/11/heating-oil-shortages-loom-in-the-northeast/