Heating oil households in the U.S. Northeast are expected to face a 31.3% increase in winter heating costs, averaging nearly $2,300 from mid-November to mid-March due to higher crude oil prices driven by the war with Iran. Meanwhile, natural gas users may see a 14% decrease in heating costs thanks to strong gas supply and high reserves. The rising oil prices stem from disrupted shipping routes and geopolitical tensions, impacting families' budgets significantly. War-related supply issues and global energy prices will continue to influence heating costs in coming winters.
Heating oil bills in the U.S. Northeast are expected to rise sharply this winter. For readers following energy stocks, here is Pluang's market snapshot as of Oct 01, 2026 01:12 WIB: 30 of 38 energy-sector US stocks rose today. LEU was priced at USD 141.22 with a 2.20% increase, VLO at USD 395.64 up 2.04%, and RUN at USD 7.87 up 1.94%.
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