Schumer: Home heating fuel to go up 30 percent

| 15 Feb 2012 | 09:56

    ALBANY — Sen. Charles Schumer says the cost of home heating fuel is expected to rise as much as 30 percent this winter. He also says action in Washington could reduce the heat subsidy that needy New York seniors get. The Democrat says New York could lose tens of millions of dollars under a new bill in the House of Representatives. If adopted, the cost-cutting move would provide New York with $343 million for the heating subsidy plan. The heating energy assistance program provides subsidies based on financial need.