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Oil drops significantly; heating oil prices continue their downward slide


The Governor's Energy Office conducted its weekly heating fuel price survey on Oct. 27 and found the current statewide average cash price for No. 2 heating oil was $3.16 per gallon, dropping another 8 cents. The average statewide price for kerosene, $3.73 per gallon, is 6 cents a gallon less than last week. Propane prices continue to remain steady; the statewide average price dropped a penny to $2.83 per gallon for heating customers. Prices for heating oil have dropped 34 cents since July, bucking a historical upward trend during that seasonal period. more

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