New Jersey Heating Oil Prices in 2023
26 EIA surveys, Jan 2, 2023 to Dec 25, 2023
Last updated
- Average
- $4.544
- High
- $5.068
- Jan 23
- Low
- $4.201
- Dec 18
- Against 2022
- Down −$0.385 (−7.8%)
- change in average
In 2023, EIA published 26 residential heating oil prices for New Jersey. They averaged $4.544 a gallon, from a low of $4.201 on December 18, 2023 to a high of $5.068 on January 23, 2023.
The average was 7.8% below 2022’s $4.929.
EIA surveys only during the heating season in most years, so there are no New Jersey 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 $4.974Jan 9 $4.852Jan 16 $4.937Jan 23 $5.068Jan 30 $5.035 | $4.973 |
| February | Feb 6 $4.733Feb 13 $4.636Feb 20 $4.493Feb 27 $4.464 | $4.582 |
| March | Mar 6 $4.428Mar 13 $4.405Mar 20 $4.334Mar 27 $4.316 | $4.371 |
| October | Oct 2 $4.637Oct 9 $4.503Oct 16 $4.596Oct 23 $4.603Oct 30 $4.524 | $4.573 |
| November | Nov 6 $4.455Nov 13 $4.370Nov 20 $4.348Nov 27 $4.381 | $4.389 |
| December | Dec 4 $4.354Dec 11 $4.274Dec 18 $4.201Dec 25 $4.232 | $4.265 |
Source: U.S. Energy Information Administration, weekly heating oil residential price table. Prices exclude taxes.
Heating oil — weekly New Jersey, CSV (12 rows, from 2026-02-02 to 2026-10-19)
Columns: survey_date, area, fuel, price_usd_per_gallon_excl_taxes. Prices are residential, in dollars per gallon ($/gal), excluding taxes. Source: EIA.