Markets

Heating oil prices are up 59% from last winter. The spike is ‘crushing folks,’ Maine nonprofit says

Summary

Heating oil prices have surged 59 percent compared to last winter, creating severe financial strain for households. As persistent inflation continues to pressure budgets, residents are already seeking emergency assistance for their heating bills ahead of the winter season.

With household budgets already squeezed by persistent inflation, some residents are seeking emergency help with heating oil bills before winter begins.

Source: Read the full story at US Top News and Analysis

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