AUGUSTA (AP) – The state energy office says the average cash price for home heating oil has dropped 10 cents per gallon during the past week and now stands at an average of $2.83 statewide.
Actual prices ranged from a low of $2.35 in southwestern Maine to a high of $3 in all other regions of Maine.
Kerosene prices also were a dime lower, at $3.42, and propane for domestic heating slipped a nickel to $3.05.
Energy office Director John Kerry says expectations of a slowing economy have driven prices down, while tumult in the financial markets has made oil prices more volatile.
Heating oil prices had peaked at $4.71 a gallon in early July.
AP-ES-11-03-08 1714EST
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.