Heat or Eat: Tough Choices for Americans as Winter Energy Bills Will Cost at Least $13.6B More, CEA Analysis Finds
American consumers will pay at least $13.6 billion more for energy this winter as prices for gasoline, natural gas, and propane surge due to poorly conceived energy policies, rising inflation, and a political environment that discourages investment in energy production and infrastructure, according to analysis by Consumer Energy Alliance (CEA), the leading energy and environmental advocate for families and businesses.
“Heat or Eat: Skyrocketing Energy Prices to Cost Consumers at Least $13.6 Billion This Winter,” analyzes data from the U.S. Energy Information Administration’s (EIA) Winter Fuels Outlook to establish a total overall cost forecast for American families. EIA forecast a slightly colder winter this year that would lead to 30% increases in natural gas prices, 54% spikes for propane, and a 43% surge in heating oil prices during the October-March winter heating season.