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Heating Fuel Prices

Indiana Heating Oil Prices in 2023

26 EIA surveys, Jan 2, 2023 to Dec 25, 2023

Last updated

Average
$3.906
High
$4.240
Jan 30
Low
$3.469
Dec 25
Against 2022
Down −$0.453 (−10.4%)
change in average

In 2023, EIA published 26 residential heating oil prices for Indiana. They averaged $3.906 a gallon, from a low of $3.469 on December 25, 2023 to a high of $4.240 on January 30, 2023.

The average was 10.4% below 2022’s $4.359.

EIA surveys only during the heating season in most years, so there are no Indiana values for April, May, June, July, August and September.

Week by week

Indiana heating oil prices in 2023Indiana heating oil in 2023: 26 weekly values from Jan 2, 2023 to Dec 25, 2023, highest $4.240 on Jan 30, 2023, lowest $3.469 on Dec 25, 2023.$3.40$3.60$3.80$4.00$4.20$4.40JanFebMarAprMayJunJulAugSepOctNovDec

Every survey in 2023

Indiana heating oil prices by month, 2023, dollars per gallon
MonthSurvey dates and pricesMonth average
JanuaryJan 2 $3.968Jan 9 $3.883Jan 16 $4.043Jan 23 $4.227Jan 30 $4.240$4.072
FebruaryFeb 6 $4.036Feb 13 $3.990Feb 20 $3.907Feb 27 $3.855$3.947
MarchMar 6 $3.808Mar 13 $3.735Mar 20 $3.689Mar 27 $3.728$3.740
OctoberOct 2 $4.087Oct 9 $3.982Oct 16 $4.040Oct 23 $4.119Oct 30 $4.013$4.048
NovemberNov 6 $4.070Nov 13 $4.134Nov 20 $4.033Nov 27 $3.845$4.021
DecemberDec 4 $3.640Dec 11 $3.504Dec 18 $3.503Dec 25 $3.469$3.529

Source: U.S. Energy Information Administration, weekly heating oil residential price table. Prices exclude taxes.

Heating oil — weekly Indiana, CSV (12 rows, from 2026-02-02 to 2026-10-19)

Columns: survey_date, area, fuel, price_usd_per_gallon_excl_taxes. Prices are residential, in dollars per gallon ($/gal), excluding taxes. Source: EIA.

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