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Updated on January 14, 2025 at 07:39 AM
Bay Shore Heating Oil Prices from $3.15 per gallon/gal |
Huntington Station Heating Oil Prices from $3.15 per gallon/gal |
Valley Stream Heating Oil Prices from $3.25 per gallon/gal |
Brentwood Heating Oil Prices from $3.15 per gallon/gal |
Hempstead Heating Oil Prices from $3.15 per gallon/gal |
Massapequa Heating Oil Prices from $3.15 per gallon/gal |
Westbury Heating Oil Prices from $3.15 per gallon/gal |
Patchogue Heating Oil Prices from $3.15 per gallon/gal |
Elmont Heating Oil Prices from $3.25 per gallon/gal |
Lindenhurst Heating Oil Prices from $3.15 per gallon/gal |
Freeport Heating Oil Prices from $3.15 per gallon/gal |
Levittown Heating Oil Prices from $3.15 per gallon/gal |
Huntington Heating Oil Prices from $3.15 per gallon/gal |
New Hyde Park Heating Oil Prices from $3.15 per gallon/gal |
Great Neck Heating Oil Prices from $3.25 per gallon/gal |
Hicksville Heating Oil Prices from $3.15 per gallon/gal |
West Babylon Heating Oil Prices from $3.15 per gallon/gal |
Ronkonkoma Heating Oil Prices from $3.15 per gallon/gal |
East Meadow Heating Oil Prices from $3.15 per gallon/gal |
Long Beach Heating Oil Prices from $3.28 per gallon/gal |
Bellmore Heating Oil Prices from $3.15 per gallon/gal |
Central Islip Heating Oil Prices from $3.15 per gallon/gal |
Baldwin Heating Oil Prices from $3.15 per gallon/gal |
Smithtown Heating Oil Prices from $3.15 per gallon/gal |
Merrick Heating Oil Prices from $3.15 per gallon/gal |
Farmingdale Heating Oil Prices from $3.15 per gallon/gal |
East Northport Heating Oil Prices from $3.15 per gallon/gal |
Port Washington Heating Oil Prices from $3.15 per gallon/gal |
Wantagh Heating Oil Prices from $3.15 per gallon/gal |
Coram Heating Oil Prices from $3.15 per gallon/gal |
Commack Heating Oil Prices from $3.15 per gallon/gal |
Plainview Heating Oil Prices from $3.15 per gallon/gal |
Shirley Heating Oil Prices from $3.15 per gallon/gal |
Floral Park Heating Oil Prices from $3.25 per gallon/gal |
Centereach Heating Oil Prices from $3.15 per gallon/gal |
Medford Heating Oil Prices from $3.15 per gallon/gal |
Order Size (gallons) | Credit (per gallon)(/gal) | Cash (per gallon)(/gal) | Updated At |
---|---|---|---|
100 | $3.25 | $3.15 | Jan 14, 2025, 3:00 PM |
150 | $3.13 | $3.10 | Jan 14, 2025, 3:00 PM |
200 | $3.10 | $3.05 | Jan 14, 2025, 3:00 PM |
250 | $3.10 | $3.05 | Jan 14, 2025, 3:00 PM |
Updated Today at 12:00 AM
Time Horizon | Price Change |
---|---|
1 Week Trend | +$0.250 |
1 Month Trend | +$0.488 |
1 Year Trend | -$0.136 |
Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
01/15/2025 | $3.420 |
01/14/2025 | $3.420 |
01/13/2025 | $3.390 |
01/12/2025 | $3.410 |
01/11/2025 | $3.430 |
01/10/2025 | $3.410 |
01/09/2025 | $3.410 |
01/08/2025 | $3.340 |
01/07/2025 | $3.280 |
01/06/2025 | $3.240 |
01/05/2025 | $3.180 |
01/04/2025 | $3.300 |
01/03/2025 | $3.300 |
01/02/2025 | $3.270 |
01/01/2025 | $3.210 |
12/31/2024 | $3.200 |
12/30/2024 | $3.230 |
12/29/2024 | $3.100 |
12/28/2024 | $3.140 |
12/27/2024 | $3.140 |
12/26/2024 | $3.170 |
12/25/2024 | $3.190 |
12/24/2024 | $3.170 |
12/23/2024 | $3.140 |
12/22/2024 | $3.050 |
12/21/2024 | $3.050 |
12/20/2024 | $3.040 |
12/19/2024 | $3.120 |
12/18/2024 | $3.120 |
12/17/2024 | $3.120 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Long Island?Gad Source=5, used by 494,539 or 50.55% of homes. The 2nd most popular choice for Long Island?Gad Source=5 homeowners is heating oil, used by 372,316 homes (38.06%). The remaining homes are heated with electricity (72,512), propane (32,054), no fuel (10,576), and other fuels (14,145).
Long Island?Gad Source=5 Primary Home Heating Fuel Popularity by Number of Households
Fuel | Long Island?Gad Source=5 Households | % of Households |
---|---|---|
Natural Gas | 494,539 | 50.6% |
Heating Oil | 372,316 | 38.1% |
Electricity | 72,512 | 7.4% |
Propane | 32,054 | 3.3% |
No Fuel | 10,576 | 1.1% |
Other Fuels | 6,775 | 0.7% |
Wood | 4,773 | 0.5% |
Solar | 1,928 | 0.2% |
Coal | 669 | 0.1% |
Natural gas (50.6%)
Heating oil (38.1%)
Electricity (7.4%)
Propane (3.3%)
No fuel (1.1%)
Other fuels (0.7%)
Wood (0.5%)
Solar (0.2%)
Coal (0.1%)
Heating oil has become less popular in Long Island?Gad Source=5. In the 2 years since 2020, the number of heating oil homes fell from 382,562 to 372,316, a 2.68% drop.
Long Island?Gad Source=5 Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 487,699 |
2012 | 476,326 |
2013 | 462,390 |
2014 | 449,135 |
2015 | 436,117 |
2016 | 421,206 |
2017 | 412,668 |
2018 | 400,279 |
2019 | 390,813 |
2020 | 382,562 |
2021 | 376,550 |
2022 | 372,316 |
Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 22,560 to 32,054.
Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 466,151 to 494,539.
Electric space heating systems are becoming more popular in Long Island?Gad Source=5. Since 2020, the number of homes heating with electricity rose from 65,136 to 72,512, a 11.32% increase.
Solar is the most environmentally friendly of all space 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 in the basement.
Currently, 1,928 homes in Long Island?Gad Source=5 are heated with active solar arrays. This is a 13.35% increase from 2020, when only 1,701 homes had installed active solar heating.
Last year, Long Island?Gad Source=5 homeowners purchased a total of 246 million gallons of heating oil.
Short Term Trends
Long Island?Gad Source=5’s overall heating oil use varies from year to year, primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn more and more oil to keep homes warm. Last winter in Long Island?Gad Source=5, the average outside temperature was 0.8° F warmer than the prior winter's average outside temperature.
Long Island?Gad Source=5 Average Winter Temperature
Heating Season | Average Temperature |
---|---|
2024 - 2025 | 41.8° F |
2023 - 2024 | 41° F |
For Long Island?Gad Source=5 homeowners heating with oil, selecting which of the 249 heating oil companies that serve Long Island?Gad Source=5 is an important decision.
Full Service Oil Companies: Homeowners willing to pay a premium for a “set-it-and-forget-it” heating system choose one of the 97 “full-service” oil companies that serve Long Island?Gad Source=5. Full service companies such as Lewisy Fuel Oil Inc or Beato Fuel And Appliance Corporation offer automatic fuel delivery and furnace repair under a single roof.
Discount Oil Companies: Also known by the names “COD Fuel Companies” or “Cash Heating Oil Companies”, these companies are for the budget-conscious Long Island?Gad Source=5 homeowner. In return for better prices, you monitor the oil level in your tank and place an order when you run low on oil. Examples of cash heating oil companies that serve Long Island?Gad Source=5 include Best Price Fuel Oil Inc and Rosales Oil Company Inc.
Long Island?Gad Source=5 Heating Oil Company Fast Facts
Heating Oil Companies Serving Long Island?Gad Source=5: 249 companies
Average Number Of Long Island?Gad Source=5 Homes Served Per Company: 1,495 homes
Approximately 5,068,061 households in Long Island?Gad Source=5 heat their homes with fuel oil. This makes oil delivery essential, especially when Long Island?Gad Source=5 temperatures drop as low as 42.5° F each winter.
44% of Long Island?Gad Source=5 Households Rely On Heating Oil Delivery Each Winter
Long Island?Gad Source=5 Households | Long Island?Gad Source=5 Heating Oil Households |
---|---|
11.3M | 5.0M |
249 Long Island?Gad Source=5 Oil Companies Go the Distance
With 665 million gallons of heating oil delivered to Long Island?Gad Source=5 homeowners during the winter of 2024, the Long Island?Gad Source=5 community relies on its 249 oil companies to keep warm.
Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal. In the case of Long Island?Gad Source=5, two of the closest terminals are Etmt in Kingston, PA and Citgo in Vestal, NY. Then, the truck delivers the #2 heating oil to homes and businesses in Long Island?Gad Source=5.
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