What is the current price of heating oil in New Hampshire?

Stats

Value from Last Week 5.097
Value from 1 Year Ago 2.821
Change from 1 Year Ago 84.33%
Frequency Weekly
Unit USD per Gallon

Is #2 heating oil the same as diesel?

#2 Fuel Oil Diesel fuel and #2 fuel oil are virtually the same fuel in terms of chemical composition. The main difference lies in their intended use. #2 fuel oil enjoys a tax-free status to keep prices low and help people heat their homes. This is an essential need in winter, after all.

What is #2 oil referred to as?

Two-stroke oil (also referred to as two-cycle oil, 2-cycle oil, 2T oil, or 2-stroke oil) is a special type of motor oil intended for use in crankcase compression two-stroke engines (typical of small gasoline-powered engines).

Is the price of oil going up or down?

Oil prices are rising due to an increase in demand and a decrease in supply. OPEC is gradually increasing oil production after limiting it due to a decreased demand for oil during the pandemic.

What is the price of gas in New Hampshire?

$4.944
New Hampshire average gas prices

Regular Mid-Grade
Current Avg. $4.944 $5.255
Yesterday Avg. $4.903 $5.212
Week Ago Avg. $4.686 $5.019
Month Ago Avg. $4.265 $4.586

What is diesel #2 used for?

#2 diesel fuel This chemical compound holds the highest amount of energy components and lubricant properties in one mixture and offers the best fuel performance available on the market today. Most scientists agree that #2 grade diesel fuel will protect injection pumps, seals, and other important engine parts.

Why is home heating oil more expensive than diesel?

Seasonality: Fuel oil used for home heating is made from the same basic components as diesel fuel. As a consequence diesel prices are affected by heating oil demand. In winter, the demand for heating oil rises and this tends to increase diesel retail prices.

Can I use diesel fuel in my oil furnace?

Homeowners who run out of heating oil and can’t wait days for a refill have an option: diesel fuel. Diesel, as sold at many gas stations, is an acceptable replacement for home heating oil in virtually all furnaces.

Is heating oil going up April 2022?

The annual increases to April 2022 were also the largest ever record on a series going back to 1970. Households in Northern Ireland and those who do not use gas or electricity to heat their homes are not protected by the price cap. Prices of heating oil have more than doubled in recent weeks.