EIA: 2002-03 winter fuels ample, costly vs. 2001-02

This report is a summary of the US outlook for demand, supply, and prices for key US winter heating fuels: natural gas, heating oil, and propane. It is based on forecast results obtained for the US Energy Information Administration's October 2002 Short-Term Energy Outlook plus additional special scenarios generated for this report. Tighter world oil markets and the resulting higher crude oil prices will result in higher relative fuel oil prices this winter (October-March), compared with last year's expenses, EIA reported in its 2002-03 Winter Fuel Outlook. Click here to enlarge imageIn addition, EIA reported, the general likelihood of a normal winter vs. last year's warmer-t...

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