U.S. Heating Oil Prices in 2023
26 EIA surveys, Jan 2, 2023 to Dec 25, 2023
Last updated
- Average
- $4.289
- High
- $4.701
- Jan 23
- Low
- $3.978
- Dec 18
- Against 2022
- Down −$0.397 (−8.5%)
- change in average
In 2023, EIA published 26 residential heating oil prices for the U.S.. They averaged $4.289 a gallon, from a low of $3.978 on December 18, 2023 to a high of $4.701 on January 23, 2023.
The average was 8.5% below 2022’s $4.686.
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 2023
| Month | Survey dates and prices | Month average |
|---|---|---|
| January | Jan 2 $4.663Jan 9 $4.546Jan 16 $4.598Jan 23 $4.701Jan 30 $4.657 | $4.633 |
| February | Feb 6 $4.463Feb 13 $4.388Feb 20 $4.263Feb 27 $4.230 | $4.336 |
| March | Mar 6 $4.245Mar 13 $4.184Mar 20 $4.133Mar 27 $4.073 | $4.159 |
| October | Oct 2 $4.387Oct 9 $4.321Oct 16 $4.279Oct 23 $4.291Oct 30 $4.249 | $4.305 |
| November | Nov 6 $4.226Nov 13 $4.163Nov 20 $4.149Nov 27 $4.173 | $4.178 |
| December | Dec 4 $4.129Dec 11 $4.022Dec 18 $3.978Dec 25 $3.998 | $4.032 |
Source: U.S. Energy Information Administration, weekly heating oil residential price table (U.S. series). Prices exclude taxes.
Heating oil — weekly U.S. average, CSV (12 rows, from 2026-02-02 to 2026-10-19)
Columns: survey_date, area, fuel, price_usd_per_gallon_excl_taxes. Prices are residential, in dollars per gallon ($/gal), excluding taxes. Source: EIA.