Maine Senators Urge Trump to Release Heating Oil Reserve as State Prices Hit $5.77
Updated
Updated · Fox News · Sep 24
Maine Senators Urge Trump to Release Heating Oil Reserve as State Prices Hit $5.77
3 articles · Updated · Fox News · Sep 24
Summary
Susan Collins and Angus King asked President Donald Trump to release fuel from the Northeast Home Heating Oil Reserve, saying Maine households face an acute cost burden ahead of winter.
Maine’s average heating oil price reached $5.77 on Sept. 14, up about 74% from $3.32 a year earlier, according to the state energy office.
The senators blamed global supply disruptions tied to the Middle East conflict and the Russia-Ukraine war, arguing Maine is especially exposed because it imports much of its heating oil.
Fuel costs are rising more broadly across the U.S., with AAA’s national diesel average at $6.5141 on Thursday after setting a record $6.5276 on Tuesday; regular gasoline stood at $4.4825.