U.S. Heating Oil Prices in 1994
15 EIA surveys, Jan 3, 1994 to Dec 19, 1994
Last updated
- Average
- $0.947
- High
- $0.994
- Feb 14
- Low
- $0.902
- Oct 3
- Against 1993
- Down −$0.012 (−1.3%)
- change in average
In 1994, EIA published 15 residential heating oil prices for the U.S.. They averaged $0.947 a gallon, from a low of $0.902 on October 3, 1994 to a high of $0.994 on February 14, 1994.
The average was 1.3% below 1993’s $0.959.
EIA surveys only during the heating season in most years, so there are no values for April, May, June, July, August and September.
Week by week
Every survey in 1994
| Month | Survey dates and prices | Month average |
|---|---|---|
| January | Jan 3 $0.921Jan 17 $0.947Jan 31 $0.966 | $0.945 |
| February | Feb 7 $0.987Feb 14 $0.994Feb 21 $0.988Feb 28 $0.987 | $0.989 |
| March | Mar 7 $0.979Mar 21 $0.970 | $0.974 |
| October | Oct 3 $0.902Oct 17 $0.904 | $0.903 |
| November | Nov 7 $0.910Nov 21 $0.913 | $0.912 |
| December | Dec 5 $0.915Dec 19 $0.919 | $0.917 |
Source: U.S. Energy Information Administration, weekly heating oil residential price table (U.S. series). Prices exclude taxes.
Heating oil — weekly U.S. average, CSV (12 rows, from 2026-02-02 to 2026-10-19)
Columns: survey_date, area, fuel, price_usd_per_gallon_excl_taxes. Prices are residential, in dollars per gallon ($/gal), excluding taxes. Source: EIA.