Heating Oil Price Update
29 October 2009
As crude oil prices rise, so do home heating oil prices, but not necessarily by the same percent. Lots of factors play in this strange relationship. Last week the average U.S. price per gallon for home heating oil was $2.72 per gallon which is an 8.8¢ increase from the week before.
The US Energy Information Administration publishes a weekly update called This Week in Petroleum. If you are interested in more information on the petroleum markets, this is a good source for it. http://tonto.eia.doe.gov/oog/info/twip/twip.asp
