Democrats Press for Action on Rising Heating Oil Costs Amid Iran Conflict
Democratic lawmakers from northeastern states have urged Energy Secretary Chris Wright to take action on rising heating oil prices, blaming the Trump administration's conflict with Iran for the surge. Senator Elizabeth Warren of Massachusetts led the effort, sending a letter noting that heating oil prices have jumped about 60% since the conflict began. The lawmakers warn that families could face an additional $600 in heating costs this winter.
About one-third of New England homes rely on heating oil, with some states using it in half of households. The lawmakers highlight that heating oil and diesel share the same refining stream, meaning higher diesel prices directly impact heating oil costs. Diesel prices have climbed above $6 per gallon, prompting concerns ahead of winter.
The letter adds political pressure on President Trump ahead of next month’s midterm elections. On Monday, Trump signed an executive order expanding access to tax-exempt red-dyed diesel, allowing purchases without federal highway taxes. The administration has also asked European allies to release emergency diesel stocks and considered a U.S. diesel export ban. Last week, G7 countries agreed to release 100 million barrels of crude and diesel from reserves.
The lawmakers cited the closure of the Strait of Hormuz, low fuel inventories, and strong exports as factors driving up heating oil and diesel prices. They urged Wright to support ending the Iran conflict, restoring energy assistance, and reversing cuts to clean energy and grid upgrades.