And as the colder weather approaches, experts were already sounding the alarm that it will likely cost more to heat your home. But Wednesday's announcement that OPEC is cutting down oil production could cause prices to go even higher.
The weather lately has been a pretty strong reminder that winter is on the way in New England.
And as the colder weather approaches, experts were already sounding the alarm that it will likely cost more to heat your home. But Wednesday's announcement that"The barrels that are going to be cut will be cut in November, but what it means is higher prices for drivers, higher prices for heating, higher prices for holiday travel," Kevin Book if Clearview Energy Partners said.
OPEC announced that it would cut production by two million barrels per day starting in November, despite the fact that President Biden has called for more production.
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