AUGUSTA (AP) – The state energy office says the average cash price for heating oil dropped two cents a gallon for the second week in a row and now stands at $2.29.
In its latest statewide survey, the Governor’s Office of Energy Independence and Security said Tuesday that actual prices ranged from a low of $1.76 in southwestern Maine to a high of $2.55 in the eastern part of the state. The average price statewide for kerosene was $2.75, down four cents from the week before.
Energy office Director John Kerry said lower prices for heating oil and all petroleum products may be one of the few beneficial results of the economic slowdown. Kerry said lower economic activity means lower demand for oil, and thus lower prices.
AP-ES-02-17-09 1549EST
Send questions/comments to the editors.
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.