Minnesota Heating Oil Prices in 2023
26 EIA surveys, Jan 2, 2023 to Dec 25, 2023
Last updated
- Average
- $4.094
- High
- $4.488
- Jan 30
- Low
- $3.416
- Oct 16
- Against 2022
- Down −$0.269 (−6.2%)
- change in average
In 2023, EIA published 26 residential heating oil prices for Minnesota. They averaged $4.094 a gallon, from a low of $3.416 on October 16, 2023 to a high of $4.488 on January 30, 2023.
The average was 6.2% below 2022’s $4.363.
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
Every survey in 2023
| Month | Survey dates and prices | Month average |
|---|---|---|
| January | Jan 2 $4.301Jan 9 $4.285Jan 16 $4.306Jan 23 $4.390Jan 30 $4.488 | $4.354 |
| February | Feb 6 $4.401Feb 13 $4.317Feb 20 $4.296Feb 27 $4.290 | $4.326 |
| March | Mar 6 $4.250Mar 13 $4.218Mar 20 $4.194Mar 27 $4.158 | $4.205 |
| October | Oct 2 $3.484Oct 9 $3.419Oct 16 $3.416Oct 23 $3.709Oct 30 $4.463 | $3.698 |
| November | Nov 6 $4.283Nov 13 $4.183Nov 20 $4.080Nov 27 $4.080 | $4.157 |
| December | Dec 4 $4.010Dec 11 $3.855Dec 18 $3.789Dec 25 $3.788 | $3.861 |
Source: U.S. Energy Information Administration, weekly heating oil residential price table. Prices exclude taxes.
Heating oil — weekly Minnesota, CSV (12 rows, from 2026-02-02 to 2026-10-19)
Columns: survey_date, area, fuel, price_usd_per_gallon_excl_taxes. Prices are residential, in dollars per gallon ($/gal), excluding taxes. Source: EIA.