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Page added on July 8, 2008

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High Heating Oil Prices Signal Need For Migration

The poorer folks in New Hampshire are worrying over how they’ll keep warm in the next winter. Modest proposal: move to dwellings which cost less to heat.

With the average price of heating oil at $4.53 a gallon, and the average use in New Hampshire about 800 gallons of oil each winter, a pre-buy contract can cost as much as $4,000.

The price of heating oil could hit $5 or more this winter. Poor folks in cold states won’t be able to afford it. Agencies that provide tax-funded heating oil aid will get far more applications while at the same time existing claimants will want more money to pay for the higher prices. Some people are going to get really cold.

FuturePundit



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