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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.

How much does No 2 home heating oil cost?

No. 2 home heating oil price : The recent history of No. 2 home heating oil is shown by the chart below. As of early February 2015 the average price per gallon in the U.S. for No. 2 Heating Oil was about $2.80 USD per gallon.

How do home heating oil prices change?

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. Will home heating oil prices go down?

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