WASHINGTON, D.C. — The U.S. Energy Information Administration (EIA) provides details about why U.S. consumers are paying less for heating oil and propane this winter. According to a recent report:
”Weather forecasts for the current winter season predict warmer temperatures in regions east of the Rocky Mountains compared with last year. Based on those predictions and higher inventory levels, EIA expects propane and heating oil prices to be lower this season. In contrast, during the winter of 2013-14 persistent cold temperatures in much of the country increased demand for these and other heating fuels, depleting inventories.”
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