According to the Energy Information Administration, the price of heating oil, a fuel most commonly used in New England to heat homes, has gone up by 65% since October 2021. Counting propane and kerosene, 58% of Vermont households rely on petroleum heating fuels, other than natural gas.
The average price for the heating oil was $5.46 per gallon in October 2022 compared to $3.30 in October 2021. Inventories of distillate fuel oil, which is refined to produce diesel and heating oil, are at their lowest levels since 2008, causing the Biden administration to propose forcing fuel vendors to maintain a minimum amount of fuel in their tanks in order to prevent severe shortages.
How the government forcing fuel distributors to have more fuel in their tanks creates more fuel is more than I can understand…… Read more at Ethanallen.org.