🇺🇸 Heating oil in New England costs twice what it did last winter, and families are choosing between warmth and medicine. Economic researcher Chris Martenson watches neighbors who waited for prices to drop get to fall with nothing but higher numbers, and property taxes are usual
Why now
Thesis: Doubling heating-oil costs squeeze Northeast household budgets
Catalyst to watch: Winter weather and oil price moves
Main risk: Feeds inflation expectations and consumer stress
Why it matters
Doubling heating-oil costs squeeze household budgets, feeding inflation expectations and consumer stress in the Northeast.
Details
🇺🇸 Heating oil in New England costs twice what it did last winter, and families are choosing between warmth and medicine. Economic researcher Chris Martenson watches neighbors who waited for prices to drop get to fall with nothing but higher numbers, and property taxes are usually what falls off the vine first. His alarm is specific. Treasury yields jumping ten to thirty basis points in a day while the dollar falls means outsiders are dumping bonds and currency together, which is emerging market behavior, and from there you can set an egg timer for the market closures and bank closures that follow. @chrismartenson
Related assets & topics
DollarOilTreasury BondsNatural GasEnergySources
- x · 2026-09-18 23:52 UTC