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Heating Fuel Prices

New England Heating Oil Prices in 2023

26 EIA surveys, Jan 2, 2023 to Dec 25, 2023

Last updated

Average
$4.228
High
$4.622
Jan 23
Low
$3.958
Dec 18
Against 2022
Down −$0.423 (−9.1%)
change in average

In 2023, EIA published 26 residential heating oil prices for the New England. They averaged $4.228 a gallon, from a low of $3.958 on December 18, 2023 to a high of $4.622 on January 23, 2023.

The average was 9.1% below 2022’s $4.651.

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

Week by week

New England heating oil prices in 2023New England heating oil in 2023: 26 weekly values from Jan 2, 2023 to Dec 25, 2023, highest $4.622 on Jan 23, 2023, lowest $3.958 on Dec 18, 2023.$3.80$4.00$4.20$4.40$4.60$4.80JanFebMarAprMayJunJulAugSepOctNovDec

Every survey in 2023

New England heating oil prices by month, 2023, dollars per gallon
MonthSurvey dates and pricesMonth average
JanuaryJan 2 $4.621Jan 9 $4.501Jan 16 $4.529Jan 23 $4.622Jan 30 $4.599$4.574
FebruaryFeb 6 $4.430Feb 13 $4.336Feb 20 $4.200Feb 27 $4.171$4.284
MarchMar 6 $4.190Mar 13 $4.122Mar 20 $4.060Mar 27 $4.000$4.093
OctoberOct 2 $4.268Oct 9 $4.159Oct 16 $4.226Oct 23 $4.230Oct 30 $4.172$4.211
NovemberNov 6 $4.150Nov 13 $4.096Nov 20 $4.086Nov 27 $4.117$4.112
DecemberDec 4 $4.092Dec 11 $3.997Dec 18 $3.958Dec 25 $3.987$4.008

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

Heating oil — weekly New England, 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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