Get ready for the singe. Home heating costs are expected to soar 18% this winter to an average of $1,208 as higher oil and gas prices, the war in Ukraine and big storms pummel global energy markets.
The increase could be even higher for the Midwest, according to estimates by the Energy Information Administration (EIA).
The biggest price surge in more than a decade is yet another blow to consumers already dealing with 40-year-high inflation rates for food, rent, insurance and gasoline.
