AUGUSTA (AP) – The state energy office says the average price of home heating oil in Maine dropped by 4 cents a gallon within the past week, reflecting a decline in the cost of crude oil on world markets.

The average cash price statewide was $3.30 per gallon, which is $1.09 higher than at this time last year. The state survey found the lowest price of $2.98 in southwestern Maine and the highest price of $3.45 in the eastern and western parts of the state.

Kerosene prices dropped 5 cents to $3.69 a gallon and propane for domestic heating was a penny lower at $2.97.

Officials said heating oil inventories continue to increase in the Northeast but are still near a five-year low.

AP-ES-01-22-08 1356EST

Only subscribers are eligible to post comments. Please subscribe or to participate in the conversation. 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.