Heating Oil Prices Holding Steady….For Now
As we get deeper into the fall season, the price of heating oil is holding fairly steady.
According to the Governor's Energy Office, Number 2 heating oil went up 2 cents from mid-September to $2.21 a gallon.
Kerosene went down 2 cents to $2.84 a gallon statewide. However, propane prices jumped up 16 cents to $2.54 a gallon.
The Energy Office found a heating oil high of $2.47 a gallon and a low of $1.95 a gallon. We here in Northern Maine had a higher average price of $2.36 a gallon.
According to the Energy Office, despite refinery shutdowns during Hurricane Harvey, the national average costs to heat a household are expected to be lower this year than the previous five year average.
The Governor's Energy Office (GEO) conducts a weekly survey of heating fuel prices during the heating season from the beginning of October to the end of March.