Survey Says: Heating Oil Prices up 9% since October
'Tis the season to think oil prices and they are up!
The Associated Press reports the Governor's Energy Office says heating oil prices are starting to rise in Maine. A statewide survey this week put the average price at $2.44 per gallon, an increase of 9 percent since the heating season begin in October.
The increase comes on the heels of spikes following Hurricane Harvey in late August, which affected more than a third of the nation's refining capacity. The survey found that the highest price for heating oil was $2.54, recorded in northern Maine, while the lowest was $2.42 in southwest, central and western Maine. The average statewide price of kerosene was $3.05, and propane was $2.73 according to AP.