Heating oil states prepare to pay ‘$5 per gallon or more’ this winter



OPIS Global Head of Energy Analysis Tom Kloza says gas and oil prices depend on how Vladimir Putin ‘pushes various buttons.’ #FOXBusiness

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

source

47 comments

  1. That's too bad because me and the Ice Queen are going to Reek Havoc on Biden !

  2. A lot those states voted for Biden, enjoy the prices you helped create.

  3. Extreme Dependency on big oil is part of the dream

  4. Mera video mein views nahi hota Kiya koro

  5. September 5 and they're commenting on how much oil prices have fallen, below $85 pb. So what gives??? Heating oil shouldn't be up if everything else is down.

  6. I want repatriations from everyone who voted Democrat

  7. So glad we don’t have anymore mean tweets

  8. The best decision I ever made in my life was investing in financial market. Trust me guys, it pays!😊

  9. ‘Never Seen’ Before: Embalmers Finding Long, Rubbery Clots Inside Corpses Since Implementation of Covid Vaccines

  10. Investing in crypto now should be in every wise individuals list, in some month up sees time you'll be ecstatic with the decision you made today.

  11. Separatists of Pakistan?

  12. Last winter with electric heat my bill was 1,400 a month in NJ

  13. If only we had a pipeline to get oil to people…..

  14. smile joe did that he is so awesome china loves him and democrats love him and that's all that matter so dig deep in your pockets this winter.

  15. I bet Biden and his green team love this

  16. DRILL, DRILL, DRILL! STOP THE BIDEN STEAL!

  17. Trump had us sitting good. I hope all you bastards that voted him out pay 10 dollars a gal.

  18. Tell the Bidens to give free body bags out for this winter

  19. I saw one sign “renewable diesel”. What is that?

  20. Joe Biden's more confused than an inner city kid on Father's Day

  21. The economy is falling faster than the mail order president

  22. The sad thing about it is the only reduction in fuel cost is gasoline diesel is still way to expensive and that expensive diesel is driving the cost of every product the Americans buy that is moved by a train a plane or a truck or a ship you might be saving it as an individual in your car but you're not saving it at the stores because the cost is still way out of range to be able to give you a fair price in the store cuz our diesel prices are pushed back onto the consumer not every penny of it but a portion of it and that is why you're going to pay higher for every item you buy in a store from your groceries to your electronics and every other item that you buy will be higher and will not go down until that diesel drops down to below $4 a gallon. And now we're going to go into the winter season when they have to make a winter blend of diesel fuel that fuel will go up and even higher and with higher diesel coming for the winter you are going to pay even more for all the goods you buy my suggestion you better start buying it now if you can afford it because after the winter blend is started and made it is going to go up everything is going to go up so you the consumer in the cars are getting a deal with 380 a gallon and you complain about $100 fill up. Try 150 gallons of fuel at $5 a gallon that is the average cost across the country I know I see it by Christmas time it will be almost $6 a gallon in some places even higher the west coast is always high and the east coast is always high Pennsylvania is probably one of the highest fuel prices for diesel right now that cost is pushed back on to you the consumer of goods because that's what we're delivering is your goods your machinery your food and everything else that you get in a store. So if you have the money I would say buy what you can now because it's going to go up

  23. So many poorly educated people in the comments . They did not even watch this report. First off, supplies are lower than demand which raises prices . Also, reliance on oil when a cartel runs some of the supply does not help.
    According to this report,
    Oil producers, refiners and retailers are doing well. 4:33.
    Maybe, instead of automatically blaming a political party for something that they do not control, they should study the actual reasons prices fluctuate. Maybe it is the oil industry you need to examine.

    It might be easy to blame the government, but that is just because they want it to be an easy answer. You can blame a party for things you don't understand but that does not make it true. Stop fooling yourself and get educated from credible sources. Until you can support your claims with actual facts, you have no business laying blame and crying your kids will not have Christmas.

  24. People still heat their homes with oil?!?

  25. I don't get cold……anymore.

  26. More homes will be burning wood – far more impact on the environment. Morons at the helm right now……..Worst.President.Ever.

  27. Thank Biden for the price of fuel and energy !

  28. Weird how rich liberal states like California and Texas have old, crumbling infrastructure (New York still has lead pipes) and poor conservative states don’t. It’s almost like conservatives have their priorities straight.

  29. Now we get to freeze and starve!

  30. Yet another reason to get off the "OIL STANDARD".

  31. Liberals have destroyed America and have corrupted all our institutions. These evil monsters can't even define what a man or woman is, and our nation must be cleansed of the liberal filth that infests our land. It should be illegal for democrats to be around anyone under the age of 18 because they are a danger to children, and have become a national security threat to America's Republic.

  32. It's like biden is saying 'hey anything that can be done worse I can screw up more, hold my beer'…

  33. The petroleum century is almost over, and it's time to move on. We used to be a global leader, but at this point we need to catch up with nations where more intelligence has been at work.

  34. Joe Biden is mentally unstable and should be impeached with Kamala Harris. Remove both of them. They're a threat to National Security and Americans. They violated their oaths of office.

  35. How is America going to cook and keep themselves warm this winter? We need President Trump back, he has never hurt us like Biden and his kind has.

  36. Good. Anyone who voted for Potsie deserves this!!!!

  37. That lady reporter is terrible. Plus she needs a nose job

  38. Have you seen what we are paying in CA?.. criminal

  39. That is enough reason to impeach this mf president

  40. People are having to choose between heating their homes and eating. This is not America anymore. The poor always suffer so the rich came make more money.

  41. Democrats can not avoid to drink swamp water and will force themselves consume more democrat pills, especially the young relying on the drug flood on the open border that provide them heat and pleasures. Anyways winter is coming, mail-in ballots (faked or not) decides. DAVOS elites hammered green deal projects, Biden signed your sufferings.

  42. Democrat's Green Dream opposes the American Dream. Drill here. Drill now.