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Heating Fuel Prices

Minnesota Heating Oil Prices in 2022

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

Last updated

Average
$4.363
High
$5.318
Oct 24
Low
$3.373
Jan 3
Against 2021
Up +$1.146 (+35.6%)
change in average

In 2022, EIA published 26 residential heating oil prices for Minnesota. They averaged $4.363 a gallon, from a low of $3.373 on January 3, 2022 to a high of $5.318 on October 24, 2022.

The average was 35.6% above 2021’s $3.217.

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

Week by week

Minnesota heating oil prices in 2022Minnesota heating oil in 2022: 26 weekly values from Jan 3, 2022 to Dec 26, 2022, highest $5.318 on Oct 24, 2022, lowest $3.373 on Jan 3, 2022.$3.00$3.50$4.00$4.50$5.00$5.50JanFebMarAprMayJunJulAugSepOctNovDec

Every survey in 2022

Minnesota heating oil prices by month, 2022, dollars per gallon
MonthSurvey dates and pricesMonth average
JanuaryJan 3 $3.373Jan 10 $3.383Jan 17 $3.458Jan 24 $3.506Jan 31 $3.560$3.456
FebruaryFeb 7 $3.666Feb 14 $3.710Feb 21 $3.729Feb 28 $3.849$3.739
MarchMar 7 $4.372Mar 14 $4.800Mar 21 $4.594Mar 28 $4.875$4.660
OctoberOct 3 $4.599Oct 10 $5.083Oct 17 $5.221Oct 24 $5.318Oct 31 $5.217$5.088
NovemberNov 7 $5.131Nov 14 $4.760Nov 21 $4.972Nov 28 $4.881$4.936
DecemberDec 5 $4.649Dec 12 $4.279Dec 19 $4.237Dec 26 $4.219$4.346

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

Heating oil — weekly Minnesota, 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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