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Oil Prices For Heating Oil Companies In Salem, MA
Updated on March 15, 2026 at 12:06 PM
Salem Homeowner’s Guide to Selecting an Oil Company
For Salem households heating with oil, selecting which of the 100 heating oil companies that serve Salem makes a big difference.
Full Service Oil Companies: Homeowners who prefer 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 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 homeowner does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Often called “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for families who are looking to save money. With discount oil companies, in return for better prices, you monitor the fuel 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 Heating Oil Company By The Numbers: Number two heating oil Companies Serving Salem: 100 companies .
Average Number of Salem Households 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 use varies each year correlating with how cold it gets each winter. As the temperature outside gets more chilly, homes’ heating systems need to burn more and more 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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Average Salem Heating Oil Price Trends
Updated on March 9, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$1.033 |
| 1 Month Trend | +$1.213 |
| 3 Month Trend | +$1.619 |
| 1 Year Trend | +$1.660 |
Average Salem Heating Oil Price History
Updated on March 9, 2026
| Date | Price |
|---|---|
| 03/09/2026 | $5.443 |
| 03/02/2026 | $4.410 |
| 02/23/2026 | $4.207 |
| 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 |
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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 host 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 families. The 2nd most popular primary heating fuel for Salem homeowners is Electricity, used by 4,715 homes (23%). The remaining 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
Oil has become losing popularity in Salem. In the 10 years since 2015, the number of residents using oil dropped from 4,235 to 3,232, a 24% drop.
Propane vs. Natural Gas use for home heating in Salem
Between 2015 and today, the number of households using propane as the primary space heating fuel fell from 384 to 364, a 5% change. Comparing 2015 and today, the number of homes using natural gas as the primary space heating fuel rose from 10,313 to 11,359, a 10% change.
Electricity use for home heating in Salem
Electric heat pump systems for home heating are more prevalent in Salem. Since 2015, the number of homes heating with electricity jumped from 2,919 to 4,715, a 62% 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 48% drop from 2015, when 21 homes had active solar heating.
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Salem, MA Heating Oil Delivery Map

Salem Heating Oil Delivery Overview
3,232 residences 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 households rely on fuel 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 Heating Oil Companies Go The Distance
With 582,115,837.988 gallons of fuel oil delivered to Salem houses last winter, the Salem community relies on 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 fuel oil to homes and businesses throughout Salem and the surrounding area.