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May 3—Heating oil prices neared another unprecedented threshold of $6 per gallon in southern Maine on Monday, despite the warmer temperatures and the ongoing release of U.S. oil reserves. Bill ...
The national gas average on Friday sat at $3.53 per gallon, nearly $0.10 higher than a year ago, according to AAA data. “Gas prices are a lot like seasonal temperatures.
In the Midwest, Rockies and Great Lakes, he predicted a hike of between 5 cents and 20 cents per gallon. He noted that people in New England could also see a price bump for home heating oil of 20 ...
Heating oil produces 137,500 British thermal units per US gallon (38.3 MJ/L) to 138,700 British thermal units per US gallon (38.7 MJ/L) and weighs 8.2 pounds per US gallon (0.95 kg/L). [2] Number 2 fuel oil has a flash point of 52 °C (126 °F).
The oil prices were seen rising to hit $71.38 per barrel in March 2021, marking the highest since the beginning of the pandemic in January 2020. [116] The oil price rise followed a missile drone attack on Saudi Arabia's Aramco oil facility by Yemen’s Houthi rebels. [117] The United States said it was committed to defending Saudi Arabia. [118]
The utility giant wants New York’s utilities regulator, the Public Service Commission, to allow it to jack up average electric bills by 11.4% and send gas bills soaring 13.3%. — a move that ...
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