AUGUSTA (AP) – The state energy office says the average cash price of home heating oil in Maine dropped by 2 cents per gallon during the past week and now stands at $3.18. That’s 87 cents higher than at this time last year.
The statewide survey found dealer prices ranging from $2.95 per gallon in southwestern and northern Maine to $3.30 in eastern Maine.
Kerosene prices were down a penny to $3.58 while propane for domestic heating rose 3 cents to $2.91.
Officials said wholesale fuel prices have begun to fall, reflecting lower costs for crude oil. In addition, a lower than expected drop in national inventories of distillate fuels is seen as an indication that that demand is softer than supply.
Send questions/comments to the editors.
Related Stories
Latest Articles
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.