Fact check: Texas lawmaker claims energy prices are at 15-year high
The EIA estimated in October the average household spending on natural gas would jump 28 percent compared to the previous winter. Heating oil, electricity and propane would jump 27 percent, 10 percent and 5 percent respectively.
for exporting, according to the October outlook. And consumers generally bear the brunt of wholesale price changes in petroleum-based fuels, such as heating oil and propane. The average U.S. household costs for electricity, heating oil and natural gas are forecast to be higher in the 2022-23 winter compared with the one in 2007-08, about 15 years ago. Prices, however, fluctuated within that time span.exceeds the winter 2007-08 level of $939. The $809 average cost for natural gas this winter exceeds the 2007-2008 level of $743.
In the 2013-14 winter, however, the average $2,122 cost for heating came close to the current forecast, data shows.
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