Heating oil stockpiles are at a third of normal levels for this time of year, causing suppliers to begin rationing in New York and New England, the Daily Mail reports.
The northeast heavily relies on heating oil, which is similar to diesel fuel, for home heating, leading to fears of shortages as winter approaches. Ninety percent of the country heats with other methods.
Heating oil wholesalers have started limiting allocations to retail suppliers in the area, Chris Herb, president of the Connecticut Energy Marketers Association, told Bloomberg News.
Prices of heating oil hit $4.09 a gallon in New York last week compared to $2.46 a year ago.
http://www.newsmax.com/newsfront/heating-oil/2022/10/25/id/1093381/
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