How much is heating oil?

New data from the US Energy Information Association shows the average price for a gallon of No. 2 residential heating oil jumped from $4.62 to $5.33 in the last week, a 15% increase. That’s the highest price ever, at least since EIA started tracking this data in 1990. Heating oil is more than $5 for only the second time in the history.

How much does home heating oil cost in 2022?

Home heating oil prices have more than doubled since a 2000s-era low of $2.06 in the winter of 2015/2016, according to Statista. In early November 2022, the average national price sat at $5.902, according to YCharts. Prices now sit near $4, less than the average price last year that was $4.663 on January 2, 2023.

What is US residential heating oil price?

Upgrade now. US Residential Heating Oil Price is at a current level of 3.806, down from 4.01 last week and down from 4.073 one year ago. This is a change of -5.09% from last week and -6.56% from one year ago. In depth view into US Residential Heating Oil Price including historical data from 1990 to 2024, charts and stats.