Tuesday, October 25, 2022

As heating oil runs low and prices soar in N.Y. and the northeast, news agencies tell Americans to grab a blanket

 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. Amid the shortages, calls to release the Northeast Home Heating Oil Reserve have already begun, and it's not even November yet.

The COVID-19 Lockdown

  • Production still has not caught up to pre-Covid levels, even as demand has continued to increase
  • The supply crunch was not met with a production surge as inflation instead consumed household spending, and with the crisis further exacerbated by Russia's invasion of Ukraine, another recession is already upon the global economy

The Columbus Dispatch's Mark Williams tells Ohioans:

  • "Grab a blanket: Heating costs to soar this winter."
  • In Europe, where home heating prices are even higher, electric blanket sales are soaring in the UK and Germany.
  • Dressed up as noble conservation, the language is plain and clear: We don't have enough energy to stay warm.

https://dailytorch.com/2022/10/green-new-world-as-heating-oil-runs-low-and-prices-soar-in-n-y-and-the-northeast-news-agencies-tell-americans-to-grab-a-blanket/?eType=EmailBlastContent&eId=f360057f-3ad4-411d-8195-dd5182d11c7e

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