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January 7, 2008
Cost of heating oil in R.I. hits new record high at $3.429
The cost of buying heating oil continued its upward spiral today with the average price rising to $3.429 a gallon in Rhode Island, another record.
The average price, which is based on a survey of local dealers by the State Office of Energy Resources, has risen 31 percent over the past 19 weeks.

The retail cost of a gallon of heating oil today is 54 percent higher than the retail cost of the equivalent amount of natural gas at the current rate charged by National Grid, the largest spread in at least six years.
The price of heating oil had been tracking closely to natural gas for several years but became more expensive in the 2004-2005 heating season by about 5 percent, according to calculations by The Journal. The following year, oil was about 6 percent more expensive, followed by 10 percent more expensive in the 2006-2007 heating season.
If the current price persists, it will cost $2,204 to heat a home this winter with 666 gallons of oil, compared to $1,485 for the same amount of energy using natural gas – a 48 percent increase.
The price of gasoline per gallon also went up today, 3 cents, to an average of $3.139 for unleaded.
Posted by Tim Barmann
at 5:56 PM | Permalink
steve | January 7, 2008 9:04 PM link
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the heating oil is a joke. It is amazing that this country can spend billions of dollars for war , but we cannot spend money to help the middle class and poor help heat their houses. The politicans do nothing, and why, cause their probably getting kickbacks from the oil companies in campaign contributions . To be a politican i guess, is that you need not to have conscience. Who cares if the eldery or families are suffering, as long as you are in your office and tell the public a bunch of lies of how you feel for them . Well I believe that one day when one dies, you will be judged infront of God. Tell him a pack of lies, and you will rewarded with a nice gold handled shovel, taken to a place of hard ground, and dig for all eternity to reach hell where you belong.
When you take the amount of time man has been on this planet, and divide it by the number of years this planet has been around, you cannot even get the number to come out on your calculator. So in the end, its amazing we are on this planet for a short period of time, but yet, man in his infinite greed, has to cheat and steal from another man or woman.
You have to wonder if God is watching over the planet earth, with tears in his eyes, trying to figure out, as powerful and wise as he is, where did he go wrong in his creation if man