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Heating Oil increased 0.12 USD/GAL or 4.88% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Heating oil reached an all time high of 5.86 in April of 2022. Heating oil - data, forecasts, historical chart - was last updated on July 6 of 2024.
Oct 13, 2023 · The October 2023 edition of the Short-Term Energy Outlook (STEO) includes the Winter Fuels Outlook with a detailed forecast for U.S. residential heating oil (and natural gas, propane, and electricity) prices, average household heating fuel consumption and expenditures, and the number of households that use each type of heating fuel by region ...
From April through September, heating oil and propane prices are collected once a month (the second Monday of the month) and published the following week. Propane. Heating oil. Release Schedule: From October through March, the data are published weekly and are updated every Wednesday after 1:00 p.m. (Eastern time).
Jun 8, 2022 · Why high oil prices aren't creating an economic boom in Canada. Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20. That's the widest...
- Background
- Propane imports and exports
- Key notes and definitions
- Findings
- Average real winter household energy expenditures (winter = Oct–Mar, 2012–2023)
- Natural gas Electricity Propane Heating oil
- Natural gas use for power generation remains elevated because of limited natural gas-to-coal switching
- Henry Hub natural gas price and NYMEX confidence intervals
- Midwest Northeast
- Spot prices of selected petroleum fuels (Jan 2019–Sep 2022)
- Estimated components of U.S. heating oil retail price (1Q21–1Q23)
- Other winter heating fuels resources at EIA
- For more information on EIA products go to:
For this outlook, we define the winter heating season as October through March. Weather is a key input to our energy consumption forecast and based on the weather forecast from the National Oceanic and Atmospheric Administration (NOAA), we expect increases in winter energy consumption. The average household winter energy expenditures discussed i...
We forecast U.S. propane exports this winter will be greater compared with last winter as a result of strong global demand for propane as a petrochemical feedstock as well as more exports to Europe for winter heating. Propane inventory levels in Western Canada, which are near the five-year average, are increasingly being used for export at their tw...
Winter season: October – March. Forecast expenditures for households grouped by their primary space heating fuel. Fuel expenditures for individual homes depend on their size, energy efficiency, and heating equipment, along with thermostat settings and local weather conditions. Each fuel also has its own market structure, physical infrastructure, re...
Winter energy expenditures are likely to be higher than previous winter. Higher forecast expenditures reflect both higher retail energy prices and more fuel consumption. The National Oceanic and Atmospheric Administration forecasts U.S. weather temperatures to be slightly colder than previous winter, contributing to more consumption across all fuel...
dollars STEO forecast Expenditures for all energy uses in households primarily heating with: heating oil propane
dollars per thousand cubic feet cents per kilowatthour dollars per gallon dollars per gallon
Natural gas use in the electric power sector Henry Hub natural gas price (nominal) capacity factor (utilization percentage) dollars per million British thermal units
dollars per million British thermal units STEO forecast and NYMEX futures
EIA PAD Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Districts Gulf Coast
price ratio to Brent crude oil, adjusted for relative energy content seven-day moving average
dollars per gallon (nominal) retail margin and taxes
Availability and pricing for the four principal heating fuels Propane Heating oil Natural gas Electricity Data for each state are available on the clickable map Links to resources for each state Current week and three-month weather forecasts from the National Oceanic and Atmospheric Administration (NOAA) Downloadable graphs as an image or as a spre...
U.S. Energy Information Administration home page | www.eia.gov Annual Energy Outlook | www.eia.gov/forecasts/aeo Short-Term Energy Outlook | www.eia.gov/forecasts/steo Consumption and Efficiency Data | www.eia.gov/consumption Today in Energy | www.eia.gov/todayinenergy Monthly Energy Review | www.eia.gov/totalenergy/data/monthly State Energy Portal...
EIA forecasts crude oil prices will increase through 2024 as demand rises above supply. tags: STEO consumption/demand crude oil liquid fuels oil/petroleum prices + production/supply.
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Oct 3, 2022 · Households that use heating oil may see costs rise $239, up 13%, to $2,115 on average. Propane-heated households could pay $241 more, up 15%, to $1,828 on average. Homes that get their heat...
