How much does heating oil cost per gallon?

This is $1.50 per gallon more than the current average price, $3.44, and $1.85 per gallon more than the current best price, $3.09. Home heating oil prices change on a day to day basis based on many factors, including the demand for heating oil, heating oil inventories at local fuel terminals (for example CITGO), and the price of crude oil.

What is the average price of a gallon of oil?

With oil prices soaring through the roof, the average price for a gallon of unleaded is now at $3 a gallon. I could go on but these are all examples of descriptive statistics. Independent Insurance Agent (2018–present) Author has 291 answers and 1.8M answer views 5 y

How much does crude oil cost per gallon?

Thus, the actual cost of crude oil is only making up roughly half the price of gasoline and diesel at the pump. Taxes might seem like the answer for the rest. However, according to American Petroleum Institute data from January 2022, the average combined total state and federal tax load on gasoline is 57 cents per gallon.