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High furnace oil, propane prices could leave some Canadians scrambling this winter

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gasoline and natural gas. The global energy crunch is also pushing up the price of furnace oil and propane, a harbinger of higher utility bills for many cottagers and millions of Canadians living in smaller and rural communities.The average retail price of furnace oil in Canada hit $1.33 per litre in early October, compared to 86 cents a litre and $1.14 a litre during the same period in 2020 and 2019, respectively, according to data from Natural Resources Canada.

Natural gas price hikes will fuel inflation and hit low-income Canadians the hardest It’s a similar story for propane, says energy analyst Rory Johnston, founder of the Commodity Context newsletter.Propane inventories in the U.S.

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