Results tagged “homeheatingoil”

Senator Charles Schumer believes that the oil bills for winter home heating will come as a shock to homeowners. Newsday reports that, based on his office's estimates, Long Island homeowners will have to bear a $966 increase while NYC residents will see a $720 jump. Schumer is working on a bill to help out low income families help cover the bills. The senior Senator from NY also defended his comments on IndyMac, disagreeing with regulators who think his discouraging remarks caused a run on the bank.