Senator Reed Leading Fight For Lower Home Heating Oil Prices

The latest Triple A gas report has the average price for a gallon of gas at $4.93 a gallon. That's about a dime higher than the national average. New York and Connecticut have gas tax holidays. New York until the end of the year- Connecticut until December 1st. There has been no move to a vote in either the House or Senate. The next time the legislature meets in formal session will be tomorrow afternoon at 4.

Meantime, with the home heating oil season right around the corner, Senator Jack Reed and Connecticut Richard Blumenthal are writing to the President urging him to dip into the diesal fuel reserve. The request comes with the average home heating price over six bucks a gallon.

In a letter to President Biden, Reed, Blumenthal, Chris Van Hollen (Maryland) wrote: “as Putin’s war in Ukraine continues to push oil prices higher, and Big Oil continues to price gouge American consumers, we urge you to take further action to insulate Americans from rising prices, including tapping into the Northeast Home Heating Oil Reserve (NEHHOR).”

The letter concludes: “we hope you will consider using all tools at your disposal, including issuing a release from the Northeast Home Heating Oil Reserve, to ease this diesel supply crunch and lower home energy costs for American families.”

No response yet from The White House yet. The last time the country did that by the way was 10 years ago during Hurricane Sandy.

(Photo by William Thomas Cain/Getty Images)

Photo: Getty Images


View Full Site