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Heating Fuel Prices

Iowa Heating Oil Prices in 2023

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

Last updated

Average
$3.568
High
$4.146
Oct 23
Low
$3.116
Dec 18
Against 2022
Down −$0.294 (−7.6%)
change in average

In 2023, EIA published 26 residential heating oil prices for Iowa. They averaged $3.568 a gallon, from a low of $3.116 on December 18, 2023 to a high of $4.146 on October 23, 2023.

The average was 7.6% below 2022’s $3.862.

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

Week by week

Iowa heating oil prices in 2023Iowa heating oil in 2023: 26 weekly values from Jan 2, 2023 to Dec 25, 2023, highest $4.146 on Oct 23, 2023, lowest $3.116 on Dec 18, 2023.$3.00$3.20$3.40$3.60$3.80$4.00$4.20JanFebMarAprMayJunJulAugSepOctNovDec

Every survey in 2023

Iowa heating oil prices by month, 2023, dollars per gallon
MonthSurvey dates and pricesMonth average
JanuaryJan 2 $3.684Jan 9 $3.581Jan 16 $3.637Jan 23 $3.792Jan 30 $3.707$3.680
FebruaryFeb 6 $3.655Feb 13 $3.639Feb 20 $3.496Feb 27 $3.526$3.579
MarchMar 6 $3.585Mar 13 $3.517Mar 20 $3.454Mar 27 $3.445$3.500
OctoberOct 2 $3.867Oct 9 $3.713Oct 16 $3.788Oct 23 $4.146Oct 30 $3.782$3.859
NovemberNov 6 $3.634Nov 13 $3.492Nov 20 $3.465Nov 27 $3.431$3.505
DecemberDec 4 $3.326Dec 11 $3.153Dec 18 $3.116Dec 25 $3.148$3.186

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

Heating oil — weekly Iowa, 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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