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Market Watch: tracking heating market changes

The market changes constantly and both vendors and consumers are looking for ways to benefit from price changes, save money, and improve their ability to forecast. Fuelwonk has the only nationwide database of individual vendor prices by location, monitoring thousands of propane and heating oil price points per month, comparing them to the average prices per state, and tracking changes down to the individual state, city, county, and ZIP level, and we make this wealth of data easily accessible to everyone.
Get in touch if you need a more in-depth look or bookmark our Market Watch blog to receive constant updates. Photo by Marco Verch / Flickr.

Have questions about heating oil or propane, choosing the right vendor, or heating your home economically?
See our collection of tips and articles:

A dramatic rise in the cost of heating oil over the past several months has been shocking to sellers and customers alike. “We had never seen above $4 (per gallon), and cleared $4 and $5 this year,” said Jared Trinks, manager of Trinks Brothers Oil in Manchester.
While energy prices dipped in 2020 due to the pandemic, utility bills steadily rose again in 2021 and are now spiking due primarily to the war in Ukraine. The expectation is that energy prices will continue to rise for the time being, exacerbating the squeeze on homeowners and renters alike. Below are key statistics and information on the current energy environment, as well as tips to estimate utility costs and save money.
A vacant home needs maintenance, protection and comes with inherent risks. Ensuring heating system safety is just one of the concerns.
The skyrocketing price of fuel comes as the United States has shipped more refined products like gasoline, diesel, and fuel oil, abroad to supply European markets following Russian President Vladimir Putin’s invasion of Ukraine in February, further tightening the market.
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Right now, the lowest price for Number 2 heating oil in southern Maine is $5.73 a gallon. The highest price is $6, as low-income and working-class families feel the pinch.

Find a better deal on heating oil or propane from local vendors in 30 seconds or less:


Fuelwonk recommends comparing local vendor propane and heating oil prices before you make the decision to fill up your home tank - use our online comparison tool to find the best offers in your area.