Maine Heating Oil Prices Rise Again
With the temperatures and snow falling faster than Congress' approval ratings, Mainers are facing higher prices to heat their homes. The Governor's Energy Office reports that the average statewide cost for No.2 heating oil was $3.76 per gallon, up four cents from last week.Kerosene is also up four cents this week for a statewide average of $4.16 per gallon.
Propane is up five cents per gallon this week to $3.06.
Since October, heating oil prices have gone up 21 cents, kerosene is up 23 cents and propane 39 cents per gallon.
Heating oil and kerosene supplies are adequate, but crude oil prices are hovering around $100 per barrel, which translates to higher heating fuel prices.
With very cold conditions gripping Maine, many oil tanks in Maine are drinking up what's in the tank and the cash is flying out of Mainers wallets.