Reaching for Blanket, Not Thermostat, as Days Cool and Oil Costs Rise
As wintertime sent a blustery scouting party of rain and chill to the city last week, New Yorkers balked at reaching for the thermostat and instead put on sweaters. Frances Chell put on two. At these oil prices, cashmere was starting to look affordable. ''Normally, I turn it on when it's cold,'' said Ms. Chell, who was sweeping leaves in her driveway on 92nd Street in Bay Ridge, Brooklyn, the other day. ''I won't turn it on now; the fuel cost is so high.'' Driven by high crude oil prices, a hot summer and damage to production facilities in the Gulf Coast, the local cost of home heating fuel is climbing at an extraordinary rate. Last week's foul weather prompted a reckoning with significant new financial burdens as homeowners filled their fuel tanks and experts warned tenants to prepare for increases in rent and electricity prices.