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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: patron_anejo_por_favor who wrote (36966)	9/12/2005 9:17:15 PM
From: mishedlo	Read Replies (2) of 116555

Heating oil prices could become "life or death" this winter By The Associated Press and The Washington Post seattletimes.nwsource.com With fuel prices surging because of Hurricane Katrina, there are no guarantees that heating oil won't hit an unprecedented $3 a gallon. Last year's average of $1.95 per gallon in Maine was already enough to make customers wince. And officials worry that federal heating assistance for the poor will fall short of what's necessary to keep people warm. "Three-dollar-a-gallon gasoline is an inconvenience and a hardship. Three-dollar-a-gallon heating oil is life or death," said Beth Nagusky, director of Maine's Office of Energy Independence and Security.

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