US Department of Energy to lend 315 million barrels of heating oil to lower prices

The US Department of Energy announced it will lend up to 315 million barrels of heating oil reserves in the states of Maine, Massachusetts and Connecticut, in an effort to lower high prices ahead of the elections. This comes as heating oil prices in Pennsylvania reached $6.01 per gallon, weighing heavily on households.

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• Heating oil prices in Pennsylvania reached $6.01 per gallon.

  «Pennsylvania home heating oil prices hit $6.01 a gallon, straining families»

  Yahoo
• Experts and advocates urge households to explore LIHEAP grants and price-stabilization strategies.

  «experts and advocates urging families to explore LIHEAP grants and price lock strategies»

  Yahoo
• The decision comes in the context of the approaching elections, as the administration uses the stockpile in an attempt to lower prices.

  «Trump administration taps heating oil reserve in bid to lower prices as election looms»

  Seeking Alpha

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