Heating oil prices can move frequently because the final retail price is influenced by several layers of supply, demand, transportation, weather, and global energy markets.
Crude oil and refining
Heating oil begins with crude oil. Changes in crude production, refining capacity, international events, and transportation costs can affect the wholesale market before fuel reaches a local delivery company.
Weather and seasonal demand
The Northeast uses a large share of the nation’s heating oil. A sudden cold spell can raise demand quickly, while milder weather can reduce pressure on inventories.
Local market conditions
Regional storage, delivery distance, competition, and order size may also influence a customer’s price. That is why checking the current price for your ZIP code is more useful than relying on an old number.
T&M Fuel encourages customers to use the online price checker or call the office for current delivery information.
Need help with your home comfort?
Call T&M Fuel or submit a service request.