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Heating Fuel Prices

Midwest Heating Oil Prices in 2022

26 EIA surveys, Jan 3, 2022 to Dec 26, 2022

Last updated

Average
$4.238
High
$5.326
Nov 7
Low
$3.116
Jan 3
Against 2021
Up +$1.359 (+47.2%)
change in average

In 2022, EIA published 26 residential heating oil prices for the Midwest. They averaged $4.238 a gallon, from a low of $3.116 on January 3, 2022 to a high of $5.326 on November 7, 2022.

The average was 47.2% above 2021’s $2.879.

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

Week by week

Midwest heating oil prices in 2022Midwest heating oil in 2022: 26 weekly values from Jan 3, 2022 to Dec 26, 2022, highest $5.326 on Nov 7, 2022, lowest $3.116 on Jan 3, 2022.$3.00$3.50$4.00$4.50$5.00$5.50JanFebMarAprMayJunJulAugSepOctNovDec

Every survey in 2022

Midwest heating oil prices by month, 2022, dollars per gallon
MonthSurvey dates and pricesMonth average
JanuaryJan 3 $3.116Jan 10 $3.149Jan 17 $3.215Jan 24 $3.240Jan 31 $3.291$3.202
FebruaryFeb 7 $3.411Feb 14 $3.453Feb 21 $3.545Feb 28 $3.619$3.507
MarchMar 7 $4.328Mar 14 $4.511Mar 21 $4.446Mar 28 $4.644$4.482
OctoberOct 3 $4.450Oct 10 $5.052Oct 17 $5.208Oct 24 $5.167Oct 31 $5.197$5.015
NovemberNov 7 $5.326Nov 14 $5.306Nov 21 $5.037Nov 28 $4.923$5.148
DecemberDec 5 $4.498Dec 12 $4.080Dec 19 $4.009Dec 26 $3.978$4.141

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

Heating oil — weekly Midwest, 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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