Oil Prices are ridiculously expensive now, approaching $100 a barrel. With the cold winter coming, heat is definitely coming in at a price. People are starting to worry about the increased costs of warming their homes. In this article, High Oil Prices Fuel Winter Heat Fears, Maine will be one of the states with the biggest concerns for keeping the heat on. Homeowners are going to see an increased amount in their spending on heat. Car owners will see an increased amount in their gas bill.
Unfortunately, there are no signs of oil price stabilizing in the near future. And natural energy has not been efficient enough to help reduce our consumption in oil. Our demand in oil will continue on.