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  1. In the past year, heating oil prices per gallon have risen as high as $4.94 for a 100-gallon order. This is $1.58 per gallon more than the current average price, $3.36, and $1.87 per gallon more than the current best price, $3.08. Home heating oil prices change on a day to day basis based on many factors, including the demand for heating oil ...

  2. 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 ...

  3. Jun 26, 2024 · - = No Data Reported; -- = Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data.

  4. Economy. Inflation and price indices. RPI: Ave price - Heating oil, per 1000 litres.

  5. Oct 16, 2023 · Propane vs Oil. The current average US price of propane is $2.96 per 100,000 BTUs, and heating oil is $3.05 per 100,000 BTU’s. While the prices are almost the same, oil heating equipment requires expensive annual maintenance and tune ups which will increase your overall operating cost by $200-300 a year minimum.

  6. When to buy heating oil Heating oil prices in the UK tend to follow trends in global oil prices, which are in turmoil right now due to the crisis in Ukraine – hitting 14-year highs in 2022.

  7. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart analytical ...