oil

“It’s a very, very high bill.” Shirlee Thurston’s latest heating oil bill is a frightening prospect only weeks before Halloween and the arrival of the winter months. “Close to like $550, $560 on top of everything, yeah,” she explained. Oil prices are on the rise. This week, a gallon of home heating oil in Massachusetts sold on average for $5.71…

Heating costs are expected to skyrocket this winter and many are concerned about keeping the heat on.

Massachusetts gas prices are increasing again, according to data from AAA Northeast, though they still remain lower than they were a month ago. Gas prices in the state are up 4 cents from last week, averaging $3.60 per gallon. That price remains 10 cents lower than a month ago, when the average was $3.70, and 28 cents lower than the…

New England governors are asking Congress to support at least $500 million in emergency funds to help address the forecasted spike in home energy bills. In a letter Monday to Congressional leaders who are preparing a continuing resolution for the start of fiscal 2023, the region’s governors noted that home energy bills “likely will be exacerbated this winter as a…

For the first time since March the national average for a gallon of gasoline has fallen below $4.

With energy costs contributing mightily to explosive inflation, AAA Massachusetts on Monday reported another price drop in that sector. The average gas price in Massachusetts fell 11 cents over the past week to $4.63 per gallon, which is 38 cents per gallon lower than a month ago. AAA analysts said the falling prices are due to a “lower domestic demand…

You’re probably seeing some of the highest energy bills you’ve seen in years, and if you’re a college student, or thinking about going to college, soaring energy prices may impact you in more ways than you’d like. In the U.S., the cost of natural gas was 24 percent higher in February 2022 than it was in February 2021. And...

Is there any connection between surfing, student loans and grocery bags? NBC San Diego’s Dana Williams tries to find out in this episode of Connect the Dots.

Western allies have targeted Russia’s lucrative energy sector in an attempt to punish Moscow for its invasion of Ukraine, but the move is a self-sacrificing one. Energy bills and gasoline prices have been high for months, and governments have been cutting taxes and tapping into reserves in a bid to spare their citizens. Even so, energy consumers are feeling...