Strong El Niño helps reduce US winter heating demand and fuel prices
As El Niño event dissipates and demand increases, refinery heating oil prices forecast to increase 18 per cent by next winter Above-normal temperatures during the 2015-16 winter were a key factor in lowering heating demand and winter fuel expenditures. Compared with the 2014-15 winter, propane and heating oil demand decreased by 16 per cent and 45 per cent, respectively, and
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