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Natural gas heat is much cheaper than electric heat in the US. The annual cost of natural gas heat is only $9.2 per million BTU compared to electric heat of $34.9 per million BTU. That means natural gas heat is less than 30%-40% the cost of electric heat. The reason is because natural gas furnaces pound for pound are more efficient in ...
The day Justin Trudeau made his announcement, the maximum price for heating oil in Prince Edward Island — the province which relies on the fuel the most — was set at $1.67 per litre.
Mar 25, 2019 · The latest update was on 01-Jul-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-07-01. The average heating oil price during that period is CAD 1.41 per liter with a minimum of CAD 0.81 on 2020-05-11 and a maximum of CAD 2.35 on 2022-11-07. Our data are obtained from official government sources, regulatory agencies ...
Jun 20, 2024 · From April through September, heating oil and propane prices are collected on the second Monday of each month. Since data are only collected once during these months, no monthly averages will be available for this period. Due to updated weighting methodology, national and regional residential heating oil and propane prices from October 2009 to ...
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WCS is among the cheapest crude oils in the world. On average, WCS traded with a discount of US$17.2 relative to the WTI. In November 2018, WCS discount relative to WTI reached a record of US$46/bbl. This significant discount pushed the Alberta provincial government to impose production limits in the province.
Heating oil. Price - Chart - Historical Data - News. US heating oil futures traded above $2.60 per gallon, remaining near their highest level in eleven weeks of $2.63 seen July 2nd, as the latest EIA report showed a reduction in supplies alongside increased demand. Distillate fuel stockpiles decreased by 1.535 million barrels, surpassing the ...
