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Benzinga
Benzinga
Business
Natan Ponieman

How Will Americans Heat Their Homes This Winter? Concern Growing Over Decades-Low Inventory Of Heating Oil

Global disruptions in the energy supply chain are becoming a cause of concern for households and industry. Supply shortages in energy used for heating, specifically, could become a problem for the winter ahead in the U.S. and Europe.

Prices for heating oil are down 30% since March, according to a Bloomberg report. Yet this can be explained by a natural drop in demand during the warmer months of spring and summer, which does not necessarily reflect a long-term downtrend. 

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