New York and New England start RATIONING heating oil before winter as stockpiles slump by 70% and fears rise that families will be left in the cold

The Fed can’t print heating oil.

Heating oil suppliers in the Northeast and New England have begun rationing the key fuel ahead of winter, after stockpiles dropped to a third of their normal levels.

Concerns are rising that supply shortages and soaring prices will leave families in the cold this winter, particularly in New England, which is more reliant on heating oil than other parts of the country.

Chris Herb, president of the Connecticut Energy Marketers Association, told Bloomberg recently that heating oil wholesalers are beginning to limit allocations for retail suppliers.

The rationing measures, intended to prevent panic buying and hoarding, are in turn being imposed on consumers, limiting the amount of heating oil they can purchase, said Herb.

www.dailymail.co.uk/news/article-11353193/New-York-New-England-begin-rationing-heating-oil-winter.html

h/t  Boo_Randy