Weekly Heating Oil Prices: Down 6 Cents

This article was originally written by Jill Mislinski. Starting in January 2023, AP Charts pages will be maintained by Jennifer Nash at Advisor Perspectives/VettaFi.

I've used data from the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 21 states in the East Coast and Midwest regions and the District of Columbia as well as home propane prices for 38 states in the East Coast, Midwest, Gulf Coast, and Rocky Mountains regions. Unlike natural gas and electricity, home heating oil is provided by independent retailers.

The latest price of home heating oil nationwide dropped to its lowest price of the year at $4.07. The current price is down 6 cents from last week and down $1.05 compared to one year ago.

EIA's heating oil data is seasonal - from October through March. Here's a look at the series since its inception in 1990.