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Opening Arguments

Not-so-hot stuff

Why isn't there dancing in the streets over this news?

An expected milder winter, along with lower fuel costs, should cut average residential heating expenditures by 8 percent from last year, the Energy Information Administration said Tuesday in its annual winter outlook.

The nearly 58 million households that use natural gas could save about $105 compared with last year, and propane users will get an even bigger break — as much as $280. More modest reductions, $20 to $60, are expected for people who heat with electricity or fuel oil.

Because when heating costs go up, it's part of trend of overall price increases; we feel the pressure from everywhere. When costs go down, it's an anomoly

Comments

gadfly
Wed, 10/07/2009 - 5:46pm

It seems that no one can agree or forecast the weather. The attached narrrative supports a much colder winter possibility because of the lower path of of the jet stream, La Nina winds and the PDO+ indicator (whatever that is).

This guy is even calling into memory the winter of 1976-77 which old-timers remember well as the second coldest winter in the 20th century.

I loved that winter so well that I left fort Wayne in January 1977 to live in Wisconsin. It was 26 below zero the day the movers unloaded my household goods.

http://www.firstenercastfinancial.com/forums/weather/513-why-uncertainty-over-winters-forecast.html

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