NEWS10 ABC

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Global Markets & Equities 03 Oct 2026, 03:59 AM IST

New York Heating Oil Prices Surge Nearly 70% as Winter Demand Looms

Heating oil prices in New York State have climbed nearly 70% from a year earlier, intensifying pressure on households and small businesses as winter approaches. The spike underscores a broader Northeast energy squeeze, with similar increases reported across Maine and Southern New England, raising concerns about affordability, fuel access, and consumer spending heading into the cold season.

By RDU Global Wire5 min read

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USA Today(1)Southern New England(1)New York State(1)Maine(1)