The Northeastern United States is so short on heating oil that the fuel is being rationed in some areas, local officials said.
Retailers then have to ration the fuel to their customers, Herb said. The Epoch Times has contacted the Connecticut Energy Marketers Association for comment.
“There’s just no incentive to store large amount of product,” said Michael Ferrante, president of the Massachusetts Energy Marketers Association, according to Bloomberg. Sam Livieri, vice president of New Haven-based Apple Oil, told the outlet that “we are praying, and I mean it, for a warm winter.”
Prices for the precious fuel have skyrocketed in recent weeks.
“We’re on a fixed income, and last year, when the prices were sky-high, we barely made it through,” said Ukleja, 68, adding that he’s spent far more this year than in previous years.
Richard Funaro, spokesperson for the Connecticut Office of the Attorney General, blamed Russia’s invasion of Ukraine earlier this year, according to The Day. Echoing complaints issued by the Biden administration, Funaro suggested that price gouging might be occurring.
“There is no running away from what’s happening with the war in Europe and its impact on all fuels. This is not just isolated to heating oils,” Herb also told the paper.
Oil industry officials have also said the current White House has created a climate that discourages investment in new refineries and technology.