U.S. Heating Oil Prices in 2016
26 EIA surveys, Jan 4, 2016 to Dec 26, 2016
Last updated
- Average
- $2.271
- High
- $2.587
- Dec 26
- Low
- $2.066
- Jan 25
- Against 2015
- Down −$0.401 (−15.0%)
- change in average
In 2016, EIA published 26 residential heating oil prices for the U.S.. They averaged $2.271 a gallon, from a low of $2.066 on January 25, 2016 to a high of $2.587 on December 26, 2016.
The average was 15.0% below 2015’s $2.672.
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 2016
| Month | Survey dates and prices | Month average |
|---|---|---|
| January | Jan 4 $2.182Jan 11 $2.164Jan 18 $2.114Jan 25 $2.066 | $2.132 |
| February | Feb 1 $2.082Feb 8 $2.092Feb 15 $2.103Feb 22 $2.094Feb 29 $2.089 | $2.092 |
| March | Mar 7 $2.096Mar 14 $2.122Mar 21 $2.132Mar 28 $2.131 | $2.120 |
| October | Oct 3 $2.301Oct 10 $2.366Oct 17 $2.380Oct 24 $2.394Oct 31 $2.399 | $2.368 |
| November | Nov 7 $2.386Nov 14 $2.378Nov 21 $2.384Nov 28 $2.401 | $2.387 |
| December | Dec 5 $2.491Dec 12 $2.531Dec 19 $2.570Dec 26 $2.587 | $2.545 |
Source: U.S. Energy Information Administration, weekly heating oil residential price table (U.S. series). Prices exclude taxes.
Heating oil — weekly U.S. average, CSV (12 rows, from 2026-02-02 to 2026-10-19)
Columns: survey_date, area, fuel, price_usd_per_gallon_excl_taxes. Prices are residential, in dollars per gallon ($/gal), excluding taxes. Source: EIA.