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Heating Fuel Prices

Midwest Heating Oil Prices in 2024

32 EIA surveys, Jan 1, 2024 to Dec 30, 2024

Last updated

Average
$3.394
High
$3.709
Apr 8
Low
$3.168
Dec 2
Against 2023
Down −$0.485 (−12.5%)
change in average

In 2024, EIA published 32 residential heating oil prices for the Midwest. They averaged $3.394 a gallon, from a low of $3.168 on December 2, 2024 to a high of $3.709 on April 8, 2024.

The average was 12.5% below 2023’s $3.879.

Week by week

Midwest heating oil prices in 2024Midwest heating oil in 2024: 32 weekly values from Jan 1, 2024 to Dec 30, 2024, highest $3.709 on Apr 8, 2024, lowest $3.168 on Dec 2, 2024.$3.10$3.20$3.30$3.40$3.50$3.60$3.70$3.80JanFebMarAprMayJunJulAugSepOctNovDec

Every survey in 2024

Midwest heating oil prices by month, 2024, dollars per gallon
MonthSurvey dates and pricesMonth average
JanuaryJan 1 $3.392Jan 8 $3.326Jan 15 $3.401Jan 22 $3.353Jan 29 $3.363$3.367
FebruaryFeb 5 $3.486Feb 12 $3.691Feb 19 $3.667Feb 26 $3.622$3.617
MarchMar 4 $3.626Mar 11 $3.636Mar 18 $3.690Mar 25 $3.693$3.661
AprilApr 8 $3.709$3.709
MayMay 13 $3.435$3.435
JuneJun 10 $3.258$3.258
JulyJul 8 $3.457$3.457
AugustAug 12 $3.407$3.407
SeptemberSep 9 $3.234$3.234
OctoberOct 7$3.315Oct 14$3.345Oct 21$3.285Oct 28$3.264$3.302
NovemberNov 4$3.256Nov 11$3.229Nov 18$3.208Nov 25$3.242$3.234
DecemberDec 2$3.168Dec 9$3.192Dec 16$3.224Dec 23$3.207Dec 30$3.219$3.202

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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