Sentence Correction

Heating-oil prices are expected to be higher th is year than last because refiners are paying about $5 a barrel more for crude oil than they were last year.

(A) Heating-oil prices are expected to be higher this year than last because refiners are paying about $5 a barrel more for crude oil than they were
(8) Heating-oil prices are expected to rise higher this year over last because refiners pay about $5 a barrel for crude oil more than they did
(C) Expectations are for heating-oil prices to be higher this year than last year's because refiners are paying about $5 a barrel for crude oil more than they did
(d) It is the expectation that heating-oil prices will be higher for this year over last because refiners are paying about $5 a barrel more for crude oil now than what they were
(E) It is expected that heating-oil prices will rise higher this year than last year's because refiners pay about $5 a barrel for crude oil more than they did

If Option E read
(E) It is expected that heating-oil prices will be higher this year than last year's because refiners pay about $5 a barrel for crude oil more than they did

Will the revise option E be a valid option? Is it grammatically correct. Is coupling "rise" with "higher" the only issue in option E?