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Today's BEST Heating Oil Prices in Long island

LI

Cheapest heating oil price in Long Island

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150 gallons Heating Oil

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$60.75

Today

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$60.75

Mar 19

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$60.75

Apr 2

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$60.75

Apr 16

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Long Island Homeowner’s Guide to Selecting an Oil Company

For Long Island families heating with number two heating oil, picking which of the 260 heating oil companies that serve Long Island is an important decision.

Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system pick one of the 98 “full-service” oil companies that serve Long Island. Full service companies such as Lewisy Fuel Oil Inc or Beato Fuel And Appliance Corporation offer clients annual contracts which consist of a combined package of both automatic heating oil delivery and boiler repair. With an automatic fuel oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The family 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 clients 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 either when the level runs low or just before a major snowstorm. Examples of 2 Long Island cash heating oil companies serving Long Island include Best Price Fuel Oil Inc and Rosales Oil Company Inc.

Long Island Heating Oil Company Statistics: Fuel oil Companies Serving Long Island: 260 companies .
Average Number of Long Island Homes Served per Heating Oil company : 1297

Long Island Heating Oil Trends

Last year, Long Island homeowners purchased a total of 246 million gallons of heating oil.

Short Term Trends

Long Island’s overall oil use fluctuates yearly correlating with how cold it gets each winter. As the temperature outside gets colder, homes’ boilers need to burn increasing amounts of oil to keep the house warm inside. Last winter, the average outside temperature in Long Island was 28.1°F, which was 5.4°F colder than the prior winter's average outside temperature.

Long Island Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202528.1° F
2023 - 202433.5° F

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Oil Prices

Average Long Island Heating Oil Price Trends

Updated on February 23, 2026

Time HorizonPrice Change
1 Week Trend+$0.060
1 Month Trend+$0.280
3 Month Trend+$0.330
1 Year Trend+$0.390

Average Long Island Heating Oil Price History

Updated on February 23, 2026

DatePrice
02/23/2026 $4.390
02/16/2026 $4.330
02/09/2026 $4.330
02/02/2026 $4.340
01/26/2026 $4.110
01/19/2026 $3.900
01/12/2026 $3.660
01/05/2026 $3.940
12/29/2025 $3.890
12/22/2025 $3.900
12/15/2025 $3.940
12/08/2025 $4.000
12/01/2025 $4.000
11/24/2025 $4.060
11/17/2025 $4.064
11/10/2025 $4.010
11/03/2025 $3.940
10/27/2025 $3.940
10/20/2025 $3.820
10/13/2025 $3.800
10/06/2025 $3.840
09/29/2025 $3.880
09/22/2025 $3.840
09/15/2025 $3.815
09/08/2025 $3.796
09/01/2025 $3.793
08/25/2025 $3.833
08/18/2025 $3.721
08/11/2025 $3.782
08/04/2025 $3.788
07/28/2025 $3.914
07/21/2025 $3.940
07/14/2025 $3.980
07/07/2025 $3.930
06/30/2025 $3.930
06/23/2025 $3.960
06/16/2025 $4.089
06/09/2025 $3.808
06/02/2025 $3.680
05/26/2025 $3.798
05/19/2025 $3.834
05/12/2025 $3.806
05/05/2025 $3.690
04/28/2025 $3.853
04/21/2025 $3.810
04/14/2025 $3.762
04/07/2025 $3.810
03/31/2025 $3.890
03/24/2025 $3.870
03/17/2025 $4.127
03/10/2025 $4.038
03/06/2025 $4.000

Today's Long Island Oil Prices By City

Updated Today at 01:06 PM

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20 Seconds Can Save Long Island Families $1,000+ On Oil Bills Every Year

Propane vs. Natural Gas vs. Heating Oil: Long Island Home Heating Fuel Comparison

Households have a variety of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Long Island, used by 507,040 or 52% of families. The 2nd most popular primary heating fuel for Long Island families is Heating Oil, used by 337,306 homes (34%). The remaining homes are heated with Electricity (8%), Propane (3%), Other (1%), and Wood (0.3%).

Long Island Residential Primary Home Heating Fuel (in Number of Households)

YearNatural GasPropaneElectricityOilWoodSolarOther
2025507,04033,67382,741337,3063,3922,8455,987
2024503,44331,87178,597347,3953,0862,4785,477
2023494,58530,03974,409356,1802,7522,0784,931
2022487,60528,29170,550366,5863,0581,8925,029
2021478,16925,62667,212376,4103,5021,6694,580
2020465,23222,55764,669382,4513,3781,7014,328
2019456,95119,90159,945390,6873,6591,2123,457
2018446,83018,93859,148400,1853,9251,0043,283
2017436,84417,69457,689412,5534,4638022,975
2016426,11716,47157,679421,0774,7765562,913
2015417,46415,36257,648435,9294,7572812,855
2014409,38414,73058,126448,8794,7941652,539
2013399,52513,15057,473462,0674,704972,402
2012389,56212,40055,667475,9763,9021482,068
2011381,90511,81354,089487,3233,566991,743

Heating Oil (Fuel Oil) Use in Long Island

Number two heating oil has become less frequently used in Long Island. In the 10 years since 2015, the number of families using number two heating oil dipped from 435,929 to 337,306, a 23% drop.

Propane vs. Natural Gas use for home heating in Long Island

Between 2015 and today, the number of houses using propane as the primary space heating fuel grew from 15,362 to 33,673, a 119% change. Comparing 2015 and today, the number of homes using natural gas as the primary space heating fuel grew from 417,464 to 507,040, a 21% change.

Electricity use for home heating in Long Island

Electric heat pump systems for home heating are gaining popularity in Long Island. Since 2015, the number of homes heating with electricity rose from 57,648 to 82,741, a 44% change.

Adoption of solar home heating systems in Long Island

Out of all fuels, solar is the safest for the environment. 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, 2,845 homes in Long Island are heated with active solar arrays. This is a 912% gain from 2015, when 281 homes incorporated active solar heating.

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Long Island Heating Oil Delivery Map

Map of the COD Fuel Oil Delivery Service Area for LI

Long Island Heating Oil Delivery Overview

337,306 houses in Long Island heat their homes with heating oil. This makes oil delivery essential, especially when Long Island temperatures drop as low as 22.4° F each winter. 34% of Long Island homes rely on fuel oil delivery each winter.

34% of Long Island Households Rely On Heating Oil Delivery Each Winter

Long Island HouseholdsLong Island Heating Oil Households
979,491337,306

260 Long Island Oil Companies You Can Trust

With 179,422,058.928 gallons of fuel oil delivered to Long Island families during this past winter, the Long Island community relies on its 260 oil companies to keep their oil tanks full. Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Long Island, two of the closest terminals are Sprague in Bridgeport, CT and N.h.term in New Haven, CT. Then, the truck delivers the #2 heating oil to residences and companies throughout Long Island and the surrounding area.

Long Island Heating Oil Prices FAQs

Is heating oil taxable in Long Island?

Sales tax rates on home heating oil (fuel oil) in New York state vary from county to county and, in certain cases, city to city. For the majority of counties, sales of oil used for home heating is tax exempt; but, 26 counties and cities do apply sales tax to heating oil. These tax rates range from 2% to 4.75%. The sales tax rates for heating oil purchased for commercial use (except if purchased by a sales tax exempt organization or business) is between 7% and 8.875%, depending on the county or city where the fuel is delivered to.