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Heating Fuel Prices

U.S. Heating Oil Prices in 2022

26 EIA surveys, Jan 3, 2022 to Dec 26, 2022

Last updated

Average
$4.686
High
$5.902
Nov 7
Low
$3.390
Jan 3
Against 2021
Up +$1.653 (+54.5%)
change in average

In 2022, EIA published 26 residential heating oil prices for the U.S.. They averaged $4.686 a gallon, from a low of $3.390 on January 3, 2022 to a high of $5.902 on November 7, 2022.

The average was 54.5% above 2021’s $3.033.

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

U.S. heating oil prices in 2022U.S. heating oil in 2022: 26 weekly values from Jan 3, 2022 to Dec 26, 2022, highest $5.902 on Nov 7, 2022, lowest $3.390 on Jan 3, 2022.$3.00$3.50$4.00$4.50$5.00$5.50$6.00JanFebMarAprMayJunJulAugSepOctNovDec

Every survey in 2022

U.S. heating oil prices by month, 2022, dollars per gallon
MonthSurvey dates and pricesMonth average
JanuaryJan 3 $3.390Jan 10 $3.460Jan 17 $3.600Jan 24 $3.671Jan 31 $3.776$3.579
FebruaryFeb 7 $3.891Feb 14 $3.956Feb 21 $3.956Feb 28 $4.054$3.964
MarchMar 7 $4.922Mar 14 $4.935Mar 21 $4.886Mar 28 $5.127$4.967
OctoberOct 3 $4.705Oct 10 $5.345Oct 17 $5.722Oct 24 $5.699Oct 31 $5.836$5.461
NovemberNov 7 $5.902Nov 14 $5.783Nov 21 $5.431Nov 28 $5.142$5.565
DecemberDec 5 $4.855Dec 12 $4.545Dec 19 $4.597Dec 26 $4.638$4.659

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.

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