Political Quotes

On the recordSeptember 27, 2007
Is America ready for the most expensive heating season that we may have ever faced? Yes, all of the last week, the first week of fall, we have had $82 oil. In fact, at the close today it was just 12 cents, it would have been $83 oil. I remember when $50 oil caused a panic, and $60 oil was going to be the end of all, and then $70 oil, and this week we have had $82 oil all week. I haven't heard many people talk about it because that price hasn't hit us yet. It hasn't hit the pump yet. It hasn't hit home heating costs yet. But $82 oil will give us the highest home heating oil prices we have ever had. It will also give us very high propane costs to heat our homes. Now, 60-some percent of our homes are heated with natural gas. The current price of natural gas, which is at the low ebb because of the summer low usage, is at $7 today. That will soon be rising as we get into the fall season and gas consumption increases.
Said by
John W. Peterson
Pennsylvania

Editor's note · Context

Discussing the rising costs of heating oil and natural gas as fall begins.

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