Heating Oil Prices, Fuel Oil, Heating Oil and Gas Information

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Heating Oil Prices

The national residential heating oil price fell a slight 0.4 cent a gallon over the last week to $1.382 a gallon, but is still 10.5 cents higher than a year ago, according to the Energy Department. The department's Energy Information Administration, which conducts the weekly survey of heating oil costs, said it expects heating oil to average $1.33 a gallon this winter. Even with this week's price decline, heating fuel costs so far this season have been way above the EIA's estimate, and the coldest winter months have yet to arrive.

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Residential Heating Oil Prices Decline While Propane Rose: .. By Staff (AXcess News) Washington - According to the Commerce Department residential heating oil prices declined this last week. The average residential heating oil price ...

Oil Prices Surge, Then Plummet: .. Oil prices fell sharply Monday in what traders described as a wave of profit-taking after futures hit a new high above ...

Crude oil reaches six month high: .. By Freddie Mooche Tight supplies and forecasters predicting weeks of cold weather pushed crude oil prices up to a six-month high of $44.19. If you would like ...

Oil Prices Reflect A Cold Winter Full Of Disruption, Fear: .. Prices for heating oil and gasoline are soaring and likely to keep rising as energy markets cope with a colder than expected winter, the loss of Venezuela's production and worries about war ...

Oil Holds At $55, Braced For Winter: .. Oil prices held firm around $55 a barrel on Wednesday as traders ...

U.S. Cold Weather Fuels Higher Heating Oil Prices: .. By Freddie Mooche (AXcess News) New York - A cold winter weather streak in the U.S. is fueling higher heating oil prices in New York Wednesday as NYMEX traders eased heating oil ...

Cold Weather pushes oil prices to six-week high: .. by Freddie Mooche Cold weather forecasts from winter storms pushed crude oil prices over $48 a barrel in New York trading, a new six-week high. If you would like to receive late ...

OPEC Agrees Oil Supply Crackdown: .. OPEC oil producers on Friday agreed to squeeze out excess supply that has lowered world prices from record highs. Ministers said they would withdraw one million barrels daily of ...

Natural Gas Woes: .. Consumers who cringe at the cost of gasoline every time they fill up their cars are about to get another nasty surprise when they open their mail. Prices ...

Heating Oil Prices Cool Down: .. Homeowners are likely to have toasty toes this winter without burning their budgets, as industry analysts and local company officials say they expect prices of heating oil and natural gas to be ...

Many Fear Mideast Instability Could Lead To Soaring Oil Prices: .. Jacques Torres, host of the "Watch Chocolate" TV show on the Food Network, does not seem to have the type of job that would lead him to worry about a war in Iraq. After all, he is consumed ...

White House Ties Oil Cutoff By Iraq To Drilling In Alaska: .. The Bush administration said today that Saddam Hussein's decision to cut off Iraq's oil exports for at least a month, or until Israel pulls out of the West Bank, makes it urgent for the ...

Talk Of War Hits Home- Heating Costs: .. Though the price of crude oil is high and could climb higher, energy experts don't expect consumers will get pinched too badly when fueling up their cars and heating their homes in the months ...

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Oil futures rise on fears of OPEC production cut: .. by Freddie Mooche Traders pushed crude oil prices higher ...

Oil Prices Rise Over Concerns in Iran: .. By Freddie Mooche (AXcess News) New York - Light crude oil forMarch delivery rose in mid-day trading in New York Thursday to $65.10 a barrel by 12:10pm EST, up 65 cents, ...

Oil Prices May Rise 45 Percent: .. Unlike last years unseasonably warm temperatures that kept residential heating prices down, a forecasted normal winter season is expected to bring down the mercury this year. Colder ...

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Airbus Order Lifts Euro, Dollar Drops: .. By Philip White (EUNN) London - The euro closed up Monday at 1.17 to the dollar, an increase of0.017, bouyed by China's$10 billion Airbus order announced Monday. Also, crude ...

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Gasoline Prices Rose on Supply-Side Concerns After Two-Month Drop: .. By Freddie Mooche (AXcess News) New York - Gasoline prices rose at the pump, surpassing a $2.00 a gallon national average last week following a two-month decline due to crude oil ...

US Core Producer Prices Up Slightly in May: .. By Freddie Mooche (AXcess News) Washington - According to the latest report by the U.S. Department of Labor, coreproducer prices rose slightly in May, up 0.2 percent last month ...

Crude Oil Prices Rise on Decline in U.S. Inventory: .. By Freddie Mooche (AXcess News) New York - Crude oil for December delivery rose 95 cents at $57.45 a barrel by 3:30pm EST Wednesday after the U.S. Energy Department released its ...

Energy Costs Raise U.S. Deficit, Import Prices Follow Oil: .. By Freddie Mooche (AXcess News) Washington - The U.S. Department of Commerce reported that energy costs raised the U.S. trade deficit in August and pushed import prices ...

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Oil Prices Feel The Heat: .. Political unrest abroad and a possible war with Iraq may lead to higher gasoline and heating oil prices, even as severe winter weather is forcing many Americans to use more fuel to heat their ...

Gasoline Price Slide Continues: .. Gasoline prices are continuing to decline around the country with the progress of U.S.-led forces in Iraq and a surge in crude oil flows around the world. The increased oil output has offset ...

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US Official Warns Of Gas Shortages: .. The impact of natural gas shortages ``will touch virtually every American,'' Energy Secretary Spencer Abraham warned Thursday, ...

Gasoline Prices Jump In Midwest, Hinting Of Wider Spikes: .. While much of the nation is benefiting from relatively stable gas prices that average about $1.48 a gallon of regular unleaded gas, the average price in the Midwest jumped to $1.69 a gallon last ...

Oil Falls As Gasoline Demand Passes Peak: .. Oil prices fell Monday as traders looked ahead to a seasonal autumn decline in strong U.S. gasoline demand. Brent crude in London (LCOc1) fell 27 cents to $29.22 a barrel, around ...

Energy Crunch Has Been 10 Years In The Making: .. Looming war in Iraq and a Venezuelan workers' strike have stolen the headlines in the build toward $40 oil, but it is a decade-long shrinkage of the U.S. energy industry that underlies the ...

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Saudi, US, Cross Swords On High Gasoline Price: .. Top energy officials from Saudi Arabia and the United States sharply disagreed on Monday over what has pushed U.S. gasoline prices to record levels. Saudi Oil Minister Ali al-Naimi ...

Able Energy Sells NJ Propane Division: .. In compliance with a court settlement that dismisses a record fine for a massive propane explosion last year in Newton, Able Energy has sold its propane business in New Jersey to a newcomer ...

OPEC May Feel Pressure With Return Of Iraqi Oil: .. The planned rebuilding of Iraq's oil industry could drive down prices and loosen the grip on world markets of the Organization of Petroleum Exporting Countries and its leader, Saudi ...

Producer Prices Jump On Higher Energy Costs: .. Soaring energy costs and a surge in food prices contributed to a surprising 1.7 percent rise in United States producer prices in October, the Labor Department reported today, the biggest gain in ...

Shrinking Oil Inventory Puts Pressure On OPEC, Agency Says: .. The International Energy Agency, an adviser to 26 nations on oil policy, said today that crude oil inventories were "uncomfortably low," indicating that OPEC needed to increase production to ...

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(AXcess News) A cold winter weather streak in the U.S. is fueling higher heating oil prices in New York Wednesday as NYMEX traders eased heating oil prices higher .0105 cents at $1.847 a gallon by late afternoon after reaching $1.90 a gallon in early trading. Crude oil futures for December delivery were off 57 cents, but still over $60 a barrel at $60.80. Natural gas traded down 67 cent per thousand feet at $14.70 and gasoline was down .0049 cents at $1.641.

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Biodiesel can be made from any fat or vegetable oil, such as soybean oil, and can be used either as a heating or transportation fuel. Biodiesel can be added to heating oil with few or no modifications to a furnace or boiler. It can be blended with regular No. 2 heating oil at any level, but a blend of 20 percent biodiesel and 80 percent regular heating oil is common.

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While Wall Street's concern over foreign oil prices loom on the edge of winter's demands for heating oil, domestic companies are profiting.