Heating Costs for Natural Gas to Jump
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WASHINGTON - As if $2 a gallon gasoline hasn't been bad enough, people now should be bracing for sharply higher heating bills this winter whether they use oil or natural gas to warm their homes.    A looming winter energy crisis, while unlikely to grab hold before the Nov...
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UK's biggest energy provider announces price rise for gas and electricity customers
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The energy provider said household gas bills would rise by 12.4 per cent and electricity by 9.4 per cent from September 20. The company blamed the increases on the record price of wholesale gas, which also impacts on the cost of producing electricity.
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Oil bounced back above $59 on Tuesday on expectations the coldest weather of the U.S. winter would cut heating oil stocks in the world's top energy consumer.
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SAN FRANCISCO (CBS.MW) -- A rally in heating-oil futures to a fresh record and gains for natural gas for the first time in four sessions pulled crude prices more than $1 a barrel higher Wednesday.
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Natural gas customers in Greater Boston can expect to pay roughly 8 to 12 percent less to heat their homes this winter, but the cost of heating oil is rising as world oil prices soar.
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Oil prices settled just below $57 a barrel yesterday -- a gain of almost $3 -- and natural gas soared more than 11 percent on expectations of more Arctic weather in the United States.
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U.S. consumers will see their  natural gas bills rise 15 percent this winter compared to last  year, and pay 28 percent more to warm their homes with heating  oil and 22 percent more to heat with propane, the government  said on Wednesday.
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Oil prices settled just below $57 a barrel â a gain of almost $3 â and the price of natural gas soared more than 11 percent on expectations of more arctic weather in the United States.
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Crude oil futures jumped toward $44 a barrel Tuesday as traders appeared to remain concerned about tight supplies of heating oil ahead of the government's next petroleum supply report and as colder weather approached the U.S. Northeast.
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WASHINGTON -- Oil prices jumped almost $2 yesterday after briefly dropping to nearly $60 a barrel, while natural gas futures plunged to their lowest level since December 2002.
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Oil surged $1, toward $60, on Tuesday on expectations the coldest weather of the U.S. winter would cut heating oil stocks in the world's top energy consumer.
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Since winter has finally arrived in earnest, Greater Boston residents on tight budgets once again have to contend with high heating costs . That's where KeySpan Foundation , the nonprofit arm of KeySpan Corp. , the largest distributor of natural gas in the Northeast, comes in.
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One of Britain's biggest power companies has announced price hikes of 17.2% for gas and 12.7% for electricity in a move set to hit more than four million households. via Grantham Today
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More than 6m households face a 15% jump in fuel bills from today after Britain's fourth largest energy supplier, npower, confirmed details of its plans to raise prices. Competitors are widely expected to follow suit, marking a return of annual fuel bills of more than Â£1,000.
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The price of oil futures jumped sharply Wednesday when a disappointing decline in the US heating-oil supply trumped growth in the crude stockpile.
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With oil reaching a record-high &#36;54 a barrel and natural gas doubling in price in the last two years, renewable energy is looking a lot better &#151; not just on environmental merits but on price.