Heating Oil Hits $6 A Gallon As Global Supply Shocks Threaten Consumer Spending
Millions of American households will pay a steep premium just to stay warm. According to the U.S. Energy Information Administration, per CNBC, retail heating oil will average $5.26 a gallon this winter, up 34% from a year earlier. However, those are averages — some local markets are already worse. Massachusetts hit $6.