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To: Sonny McWilliams who wrote (26350)8/14/2000 10:29:07 AM
From: William Hunt  Read Replies (2) | Respond to of 27012
 
Sonny ---Have to love this energy policy ---
08/14 05:30 U.S. DOE Warns of Record Heating Bills This Winter, WSJ Says
By Claire Shoesmith

Washington, Aug. 14 (Bloomberg) -- The U.S. Department of Energy predicts this winter's heating bills will be the most expensive in 15 years for natural-gas users, the Wall Street Journal Interactive edition reported.

Utilities are warning customers that natural-gas prices have doubled since last year, blaming increasing prices of diesel and jet fuel. Record gasoline prices have pushed refiners to focus on making gasoline, at a time when refiners normally start cranking up heating-oil production, the paper said.

The number of rigs has doubled since last year, with 772 rigs now actively exploring for gas, the American Petroleum Institute told the paper. But the results from the new production will not be felt for another six months.

Larry Chretien, executive director of the Massachusetts Energy Consumers Alliance, a consumer advocacy group, told the paper ``Whether you heat with oil, natural gas or electricity, it is going to be a very expensive winter.''

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