Home energy prices have outpaced inflation

The percent change in US prices since 2019

Propane, kerosene and firewood

Piped gas

Fuel oil

Electricity

Covid-19 pandemic

+40%

+40%

+34%

+27%

+20%

All goods,

services

+12%

0

-20%

Fuel oil prices

plummeted

due to lowered

demand and

increased supply

-40%

2019

2020

2021

2022

Propane, kerosene and firewood

Piped gas

Fuel oil

Electricity

Covid-19 pandemic

+40% from Jan 2019

+40%

+34%

+27%

+20%

All goods

and services

+12%

0

-20%

Fuel oil prices

plummeted

due to lowered

demand and

increased supply

-40%

2019

2020

2021

2022

Covid-19 pandemic

+40% from Jan 2019

+40%

Fuel oil

+34%

Propane, kerosene

and firewood

+27%

Piped gas

+20%

All goods

and services

+12%

Electricity

0

Fuel oil prices

plummeted

due to lowered

demand and

increased supply

-20%

-40%

2019

2020

2021

2022

Covid-19 pandemic

+40% from Jan 2019

+40%

Fuel oil

+34%

Propane, kerosene

and firewood

+27%

Piped gas

+20%

All goods

and services

+12%

Electricity

0

Fuel oil prices

plummeted

due to lowered

demand and

increased supply

-20%

-40%

2019

2020

2021

2022

Covid-19 pandemic

+40% from Jan 2019

+40%

Fuel oil

+34%

Propane, kerosene

and firewood

+27%

Piped gas

+20%

All goods

and services

+12%

Electricity

0

-20%

Fuel oil prices plummeted

due to lowered demand

and increased supply

-40%

2019

2020

2021

2022