January 2016, Vol. 243, No. 1

Features

Warm Weather, Low Prices Reducing Home Heating Expenditures

Warmer temperatures and lower energy prices have contributed to a reduction in EIA’s current forecast average heating expenditures this winter compared with the forecast in the October 2015 Winter Fuels Outlook. Each October, EIA produces a Winter Fuels Outlook that projects heating fuel expenditures for the coming winter (October through March) based on EIA’s forecast of fuel prices and the National Oceanic and Atmospheric Administration’s forecast for temperatures (as measured by heating degree days). As discussed in the October 2015 Winter Fuels Outlook, the winter of 2015-16 was expected to have lower expenditures than the winter of 2014-15. In the time since that out

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