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Sen. Schumer Says Home Heating Fuel Costs Expected To Rise

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(Photo by Darren McCollester/Getty Images)

Home Heating Oil Delivery (Photo by Darren McCollester/Getty Images)

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ALBANY, N.Y. (CBSNewYork/AP)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.

Schumer scheduled a conference call Wednesday. He planned to detail the potential lost payments for oil, propane and other home heating fuel by county.

The heating energy assistance program provides subsidies based on financial need.

Why do you think home heating fuel costs are expected to rise? Sound off in our comments section below…

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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