AUGUSTA (AP) – The cost of heating oil in Maine continues to fall, with the average cash price slipping 10 cents a gallon in the past week to $2.60.
The Governor’s Office of Energy Independence and Security said Monday its latest survey found actual prices ranging from a low of $2.06 in southwestern Maine to a high of $2.85 in the eastern part of the state.
The average price for kerosene was $3.15, down 11 cents from last week, while propane for domestic heating slipped 6 cents, to $2.90.
John Kerry, the energy office director, said the price drops reflect the dramatic slowdown in demand that has caused crude oil to plunge to $50 a barrel.
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