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Oil Companies
Oil Prices For Heating Oil Companies In Salem, MA
Updated Today at 01:00 PM
Salem Homeowner’s Guide to Selecting an Oil Company
For Salem households heating with number two heating oil, selecting which of the 100 heating oil companies that serve Salem plays a big role in determining how much money is spent on heating each winter.
Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system select one of the 51 “full-service” oil companies that serve Salem. Full service companies such as Firemans Fuel or Keohan Fuels & Transportation Inc offer customers annual contracts which consist of a combined package of both automatic number two heating oil delivery and HVAC repair. With an automatic number two heating oil delivery contract, the company tracks your home’s number two heating oil consumption and makes deliveries when your tank is running low. The household does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for households who are budget-conscious. With discount oil companies, in exchange for lower prices, you monitor the number two heating oil level in your tank, and you place an oil order when you're running low. A few of the 2 Salem cash heating oil companies serving Salem include Ranco Enterpises and Maria's Oil.
Salem Fuel Oil Company Statistics: Heating oil Companies Serving Salem: 100 companies .
Average Number of Salem Homes Served per Heating Oil company : 32
Salem, MA Heating Oil Trends
Last year, Salem homeowners purchased a total of 3 million gallons of heating oil. Out of the 494 towns in Massachusetts, Salem ranks 38th for home heating oil consumption.
Country-wide, Salem ranks 152nd out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Salem’s overall number two heating oil consumption fluctuates each year correlating with how cold it gets each winter. As the temperature outside drops, homes’ heating systems need to burn additional fuel oil to maintain the temperature that the thermostat is set to. Last winter, the average outside temperature in Salem was 31.6°F, which was 4.4°F colder than the prior winter's average outside temperature.
Salem Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 31.6° F |
| 2023 - 2024 | 36° F |
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Oil Prices
Cheapest Salem Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $3.65 per gallon/gal | Feb 23, 2026, 1:00 PM |
| 150 gallonsgals | $3.60 per gallon/gal | Feb 23, 2026, 1:00 PM |
| 200 gallonsgals | $3.60 per gallon/gal | Feb 23, 2026, 1:00 PM |
| 250 gallonsgals | $3.60 per gallon/gal | Feb 23, 2026, 1:00 PM |
Cheapest Salem Heating Oil Price Trends
Updated Today at 01:00 PM
| Time Horizon | Price Change |
|---|---|
| 1 Month Trend | +$0.600 |
| 1 Year Trend | +$0.500 |
Cheapest Salem Heating Oil Price History
Updated Today at 01:00 PM
| Date | Price |
|---|---|
| 02/23/2026 | $3.599 |
| 02/22/2026 | $3.599 |
| 02/21/2026 | $3.599 |
| 02/20/2026 | $3.599 |
| 02/19/2026 | $3.599 |
| 02/18/2026 | $3.599 |
| 02/17/2026 | $3.599 |
| 02/16/2026 | $3.599 |
| 02/15/2026 | $3.599 |
| 02/14/2026 | $3.599 |
| 02/13/2026 | $3.599 |
| 02/12/2026 | $3.599 |
| 02/11/2026 | $3.599 |
| 02/10/2026 | $3.599 |
| 02/09/2026 | $3.599 |
| 02/08/2026 | $3.599 |
| 02/07/2026 | $3.599 |
| 02/06/2026 | $3.599 |
| 02/05/2026 | $3.599 |
| 02/04/2026 | $3.599 |
| 02/03/2026 | $3.599 |
| 02/02/2026 | $3.349 |
| 02/01/2026 | $3.349 |
| 01/31/2026 | $3.349 |
| 01/30/2026 | $3.349 |
| 01/29/2026 | $3.349 |
| 01/28/2026 | $3.349 |
| 01/27/2026 | $3.349 |
| 01/26/2026 | $3.199 |
| 01/25/2026 | $3.079 |
Average Salem Heating Oil Price Trends
Updated on February 16, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.016 |
| 1 Month Trend | +$0.415 |
| 3 Month Trend | +$0.432 |
| 1 Year Trend | +$0.227 |
Average Salem Heating Oil Price History
Updated on February 16, 2026
| Date | Price |
|---|---|
| 02/16/2026 | $4.214 |
| 02/09/2026 | $4.230 |
| 02/02/2026 | $4.145 |
| 01/26/2026 | $3.980 |
| 01/19/2026 | $3.799 |
| 01/12/2026 | $3.741 |
| 01/05/2026 | $3.757 |
| 12/29/2025 | $3.751 |
| 12/22/2025 | $3.768 |
| 12/15/2025 | $3.806 |
| 12/08/2025 | $3.824 |
| 12/01/2025 | $3.815 |
| 11/24/2025 | $3.847 |
| 11/17/2025 | $3.782 |
| 11/10/2025 | $3.760 |
| 11/03/2025 | $3.631 |
| 10/27/2025 | $3.612 |
| 10/20/2025 | $3.548 |
| 10/13/2025 | $3.561 |
| 10/06/2025 | $3.481 |
| 09/29/2025 | $3.730 |
| 09/22/2025 | $3.673 |
| 09/15/2025 | $3.712 |
| 09/08/2025 | $3.693 |
| 09/01/2025 | $3.691 |
| 08/25/2025 | $3.728 |
| 08/18/2025 | $3.621 |
| 08/11/2025 | $3.672 |
| 08/04/2025 | $3.698 |
| 07/28/2025 | $3.784 |
| 07/21/2025 | $3.890 |
| 07/14/2025 | $3.771 |
| 07/07/2025 | $3.791 |
| 06/30/2025 | $3.651 |
| 06/23/2025 | $3.660 |
| 06/16/2025 | $3.831 |
| 06/09/2025 | $3.526 |
| 06/02/2025 | $3.447 |
| 05/26/2025 | $3.462 |
| 05/19/2025 | $3.537 |
| 05/12/2025 | $3.440 |
| 05/05/2025 | $3.462 |
| 04/28/2025 | $3.665 |
| 04/21/2025 | $3.605 |
| 04/14/2025 | $3.590 |
| 04/07/2025 | $3.541 |
| 03/31/2025 | $3.708 |
| 03/24/2025 | $3.755 |
| 03/17/2025 | $3.783 |
| 03/03/2025 | $3.943 |
| 02/24/2025 | $3.987 |
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Heating Oil
20 Seconds Can Save Salem Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Salem Home Heating Fuel Comparison
Residences have a variety of fuels to choose from when it comes to heating. Natural Gas is the preferred choice in Salem, used by 11,359 or 57% of residents. The 2nd most popular primary heating fuel for Salem households is Electricity, used by 4,715 homes (23%). The other homes are heated with Heating Oil (16%), Propane (2%), Other (2%), and Wood (0.2%).
Salem Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 11,359 | 364 | 4,715 | 3,232 | 50 | 11 | 60 |
| 2024 | 11,359 | 344 | 4,540 | 3,376 | 47 | 5 | 53 |
| 2023 | 11,097 | 314 | 4,440 | 3,451 | 43 | 0 | 48 |
| 2022 | 10,965 | 357 | 4,517 | 3,657 | 49 | 0 | 34 |
| 2021 | 11,177 | 469 | 4,100 | 3,656 | 16 | 15 | 26 |
| 2020 | 10,837 | 511 | 3,610 | 3,748 | 6 | 31 | 26 |
| 2019 | 10,534 | 532 | 3,219 | 3,949 | 41 | 19 | 29 |
| 2018 | 10,006 | 611 | 3,131 | 4,327 | 34 | 16 | 39 |
| 2017 | 10,561 | 533 | 2,771 | 4,282 | 39 | 16 | 33 |
| 2016 | 10,038 | 496 | 2,991 | 4,370 | 39 | 0 | 30 |
| 2015 | 10,313 | 384 | 2,919 | 4,235 | 29 | 21 | 43 |
| 2014 | 10,332 | 369 | 3,096 | 4,189 | 7 | 20 | 53 |
| 2013 | 10,496 | 259 | 3,223 | 4,193 | 0 | 21 | 47 |
| 2012 | 9,791 | 157 | 3,228 | 4,529 | 0 | 20 | 52 |
| 2011 | 9,424 | 182 | 3,031 | 4,922 | 25 | 20 | 47 |
Heating Oil (Fuel Oil) Use in Salem
Heating oil has become less frequently used in Salem. In the 6 years since 2019, the number of families using fuel oil declined from 3,949 to 3,232, a 18% drop.
Propane vs. Natural Gas use for home heating in Salem
Between 2019 and today, the number of houses using propane as the primary space heating fuel dropped from 532 to 364, a 32% change. Comparing 2019 and today, the number of homes using natural gas as the primary space heating fuel increased from 10,534 to 11,359, a 8% change.
Electricity use for home heating in Salem
Electric heat pump systems for home heating are more prevalent in Salem. Since 2019, the number of homes heating with electricity shot up from 3,219 to 4,715, a 46% change.
Adoption of solar home heating systems in Salem
Solar is the most environmentally friendly of all heating fuels. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. As it stands today, 11 homes in Salem are heated with active solar arrays. This is a 42% drop from 2019, when 19 homes utilized active solar heating.
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Oil Delivery
Salem, MA Heating Oil Delivery Map
Salem Heating Oil Delivery Overview
3,232 families in Salem heat their homes with heating oil. This makes oil delivery essential, especially when Salem temperatures drop as low as 26.8° F each winter. 16% of Salem houses depend on number two heating oil delivery each winter.
16% of Salem, MA Households Rely On Heating Oil Delivery Each Winter
| Salem, MA Households | Salem, MA Heating Oil Households |
|---|---|
| 20,089 | 3,232 |
100 Salem Oil Companies Serving The Community
With 582,115,837.988 gallons of fuel oil delivered to Salem houses the last heating season, the Salem community looks to its 100 oil companies when temperatures dip. Oil delivery has two parts to it: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Salem, two of the closest terminals are Sprague W in Springfield, MA and Buckeye in Springfield, MA. Then, the truck delivers the #2 heating oil to homes and businesses throughout Salem and the surrounding area.
Salem Heating Oil Prices FAQs
What is the best price per gallon of home heating oil in Salem?
The best price of home heating oil in Salem today is $3.60 per gallon. The price of heating oil in Salem ranges from a low of $3.60 to a high of $4.23.
Is the price of heating oil in Salem rising or falling?
Heating oil prices in Salem have remained unchanged over the last 7 days.
How much does 150 gallons of heating oil cost in Salem?
150 gallons of heating oil costs $539.85 in Salem.
What is the price of home heating oil today in Salem?
Today in Salem, the price of home heating oil is $3.60 per gallon, which amounts to $539.85 for a 150-gallon order (excluding any applicable taxes).
What is the current price of heating oil in Salem?
The current price of heating oil in Salem ranges from $3.60 to $4.23 per gallon, depending on the delivery address and the oil company.
Why are heating oil prices rising today in Salem?
Heating oil prices in Salem have not changed over the last week.
How much is home heating oil right now in Salem?
The current price of home heating oil in Salem ranges from $3.60 to $4.23 per gallon for a 150-gallon order paid by credit card. Prices can vary based on location, and cash or volume discounts may be available.
How much is oil per gallon in Salem?
As of today, February 19th, 2026, the price of oil is $3.60 per gallon for a 150-gallon order paid by credit card. Prices can vary from $3.60 to $4.23 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.
How much is oil for heat in Salem?
Currently, the price of oil for heating in Salem ranges from $3.60 to $4.23 per gallon for a 150-gallon delivery. Some oil companies offer various discounts, including cash discounts, volume discounts, military discounts, and senior discounts.
How high will oil go in Salem?
There’s no limit to how high oil prices can go in Salem. Over the past year, Salem heating oil prices per gallon have risen as high as $4.23 for a 150-gallon order. This is the same as the current average price of $4.23, and $0.63 per gallon more than the lowest price currently available, which is $3.60. Home heating oil prices fluctuate daily based on several factors, including demand, local fuel inventories at terminals (such as CITGO), and the price of crude oil.
