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Page added on November 26, 2005

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Energy costs become global concern

Long underwear in South Korea, extra sweaters in U.S. classrooms, rising sales of wood-burning stoves in Denmark. Winter is here, and because of a spike in heating costs, people from Tokyo to Toledo are looking for alternatives to oil.

Heating oil and other energy prices are up to 40 percent higher than three years ago. That translates into bad news for Northern Hemisphere consumers whose budget already is stretched by a summer of high prices at the gasoline pumps — and into opportunities for those who cash in on the cold.

timesunion



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