Economy

Add as a preferred source on Google

Fuel Oil Prices Rise 74.2% From a Year Earlier as Winter Nears

Prices also rose 15.3% month over month. A previous estimate projected average heating-oil spending of $2,115 from November through March.

Updated 1 min read
A heating-oil delivery worker connects a hose at a home in Portland, Maine. (AI-generated image / EconoTimes)
A heating-oil delivery worker connects a hose at a home in Portland, Maine. (AI-generated image / EconoTimes)

Read the original article

Fuel oil prices rose 74.2% from a year earlier in September, as U.S. households that rely on the fuel approach the winter heating season with a previous estimate pointing to higher costs.

Prices also advanced 15.3% from August to September. For November through March, the estimate put average heating-oil costs for households primarily using the fuel at $2,115, based on a price of $5.26 per gallon. The spending estimate was 21% higher than the previous winter, while the assumed price was up 34%.

Related articles

View all