Midwest Heating Oil Prices in 2023
26 EIA surveys, Jan 2, 2023 to Dec 25, 2023
Last updated
- Average
- $3.879
- High
- $4.321
- Jan 30
- Low
- $3.447
- Dec 25
- Against 2022
- Down −$0.359 (−8.5%)
- change in average
In 2023, EIA published 26 residential heating oil prices for the Midwest. They averaged $3.879 a gallon, from a low of $3.447 on December 25, 2023 to a high of $4.321 on January 30, 2023.
The average was 8.5% below 2022’s $4.238.
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
Every survey in 2023
| Month | Survey dates and prices | Month average |
|---|---|---|
| January | Jan 2 $4.015Jan 9 $3.981Jan 16 $4.115Jan 23 $4.292Jan 30 $4.321 | $4.145 |
| February | Feb 6 $4.164Feb 13 $4.086Feb 20 $3.975Feb 27 $3.929 | $4.039 |
| March | Mar 6 $3.929Mar 13 $3.885Mar 20 $3.829Mar 27 $3.781 | $3.856 |
| October | Oct 2 $3.874Oct 9 $3.726Oct 16 $3.676Oct 23 $3.881Oct 30 $3.933 | $3.818 |
| November | Nov 6 $3.898Nov 13 $3.941Nov 20 $3.838Nov 27 $3.754 | $3.858 |
| December | Dec 4 $3.644Dec 11 $3.476Dec 18 $3.474Dec 25 $3.447 | $3.510 |
Source: U.S. Energy Information Administration, weekly heating oil residential price table (Midwest series). Prices exclude taxes.
Heating oil — weekly Midwest, CSV (12 rows, from 2026-02-02 to 2026-10-19)
Columns: survey_date, area, fuel, price_usd_per_gallon_excl_taxes. Prices are residential, in dollars per gallon ($/gal), excluding taxes. Source: EIA.