HOW HEATING OIL PRICES COULD BE IMPACTED BY A WAR WITH IRAQ
As a result of a war with Iraq, heating oil prices this winter could increase by 98 cents per gallon. This would raise the cost of warming the average heating oil user's home this winter by $576. Capital Region: In the Capital Region, 107,312 households use heating oil. Higher prices resulting from a war in Iraq could cost the region $61.9 million. County Albany Rensselaer Schenectady Saratoga Fulton Montgomery Schoharie Washington Capital Region Heating Oil Households 19,563 22,000 8,755 20,942 8,823 7,365 7,756 12,108 107,312 Increased Expenditure $11.3 million $12.7 million $5 million $12.1 million $5.1 million $4.2 million $4.5 million $7 million $61.9 million
Central New York: In Central New York, 57,647 households use heating oil. Higher prices resulting from a war in Iraq could cost the region $33 million. County Oneida Oswego Madison Cortland Onondaga Central New York Heating Oil Households 22,464 10,957 8,849 4,411 10,784 57,647 1 Increased Expenditure $12.9 million $6.3 million $5.1 million $2.5 million $6.2 million $33 million
Finger Lakes: In the Finger Lakes, 50,931 households use heating oil. Higher prices resulting from a war in Iraq could cost the region $29.3 million. County Cayuga Seneca Yates Ontario Wayne Monroe Livingston Schuyler Tompkins Finger Lakes Heating Oil Households 7,329 2,740 2,333 5,881 7,483 12,273 4,572 2,624 5,696 50,931 Increased Expenditure $4.2 million $1.6 million $1.3 million $3.4 million $4.3 million $7.1 million $2.6 million $1.5 million $3.3 million $29.3 million
Hudson Valley: In the Hudson Valley, 381,318 households use heating oil. Higher prices resulting from a war in Iraq could cost the region $219.7 million. County Westchester Rockland Putnam Dutchess Ulster Sullivan Orange Greene Columbia Hudson Valley Heating Oil Households 158,438 2,956 22,653 61,351 42,362 18,363 46,430 12,780 15,985 381,318 Increased Expenditure $91.3 million $1.7 million $13 million $35.3 million $24.4 million $10.7 million $26.7 million $7.4 million $9.2 million $219.7 million
2
North Country: In the North Country, 95,913 households use heating oil. Higher prices resulting from a war in Iraq could cost the region $62 million. County Warren Essex Clinton Franklin Hamilton St Lawrence Herkimer Jefferson Lewis North Country Heating Oil Households 9,307 10,435 17,246 12,729 1,423 17,922 9,476 11,548 5,827 95,913 Increased Expenditure $5.4 million $6 million $9.9 million $7.3 million $820,000 $10.3 million $5.5 million $6.7 million $3.4 million $62 million
Southern Tier: In the Southern Tier, 67,239 households use heating oil. Higher prices resulting from a war in Iraq could cost the region $38.8 million. County Delaware Otsego Chenango Broome Tioga Chemung Steuben Allegany Southern Tier Heating Oil Households 11,219 12,652 10,405 13,582 8,467 3,107 5,574 2,233 67,239 Increase Expenditure $6.5 million $7.3 million $6 million $7.8 million $4.9 million $1.8 million $3.2 million $1.3 million $38.8 million
3
Western New York: In Western New York, 35,062 households use heating oil. Higher prices resulting from a war in Iraq could cost the region $20.3 million. County Orleans Genesee Wyoming Erie Niagara Cattaraugus Chautauqua Western New York Heating Oil Households 4,445 4,379 2,555 7,841 9,317 4,165 2,360 35,062 Increased Expenditure $2.6 million $2.5 million $1.5 million $4.5 million $5.4 million $2.4 million $1.4 million $20.3 million
4