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Today's BEST Heating Oil Prices in Maryland

Today's best Maryland oil prices

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We promote residential heating oil savings in Maryland by providing real-time Maryland heating oil prices and state-of-the-art secure online ordering.

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Maryland Cash Heating Oil Delivery Map

Map of the COD Fuel Oil Delivery Service Area for MD

Maryland Heating Oil Price Trends

Updated on February 12, 2025 at 12:00 AM

Time HorizonPrice Change
1 Day Trend+$0.00
1 Week Trend+$0.214
1 Month Trend+$0.593
1 Year Trend+$0.097

Maryland Heating Oil Price History

Updated on February 12, 2025 at 12:00 AM

DatePrice
02/12/2025$3.990
02/11/2025$3.990
02/10/2025$3.990
02/07/2025$3.776
02/06/2025$3.776
02/05/2025$3.776
02/04/2025$3.776
02/03/2025$3.776
01/31/2025$3.776
01/30/2025$3.776
01/29/2025$3.500
01/28/2025$3.776
01/27/2025$3.776
01/23/2025$3.776
01/22/2025$3.776
01/21/2025$3.776
01/20/2025$3.776
01/17/2025$3.776
01/16/2025$3.776
01/15/2025$3.641
01/13/2025$3.397
01/10/2025$3.397
01/09/2025$3.550
01/08/2025$3.397
01/07/2025$3.397
01/06/2025$3.397
01/03/2025$3.500
01/02/2025$3.500
01/01/2025$3.500
12/31/2024$3.500

Propane vs. Natural Gas vs. Heating Oil: Maryland Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Maryland, used by 1,036,714 or 43.77% of homes. The 2nd most popular choice for Maryland homeowners is electricity, used by 1,018,912 homes (43.02%). The remaining homes are heated with heating oil (178,203), propane (89,874), wood (27,892), and other fuels (16,016).

Maryland Primary Home Heating Fuel Popularity by Number of Households

FuelMaryland Households % of Households
Natural Gas1.0M43.8%
Electricity1.0M43.0%
Heating Oil178,2037.5%
Propane89,8743.8%
Wood27,8921.2%
No Fuel18,9110.8%
Other Fuels16,0160.7%
Solar9,0980.4%
Coal1,5270.1%

Natural gas (43.8%)

Electricity (43.0%)

Heating oil (7.5%)

Propane (3.8%)

Wood (1.2%)

No fuel (0.8%)

Other fuels (0.7%)

Solar (0.4%)

Coal (0.1%)

#2 Heating Oil (Fuel Oil) Use in Maryland

Heating oil has become less popular in Maryland. In the 6 years since 2016, the number of heating oil homes fell from 207,818 to 178,203, a 14.25% drop.

Maryland Heating Oil Households (2011 - 2022)

YearHeating Oil Households
2011246,964
2012239,039
2013228,525
2014222,212
2015212,903
2016207,818
2017201,205
2018193,194
2019186,662
2020179,727
2021176,310
2022178,203

Propane vs. Natural Gas use for home heating in Maryland

Between 2016 and today, the number of homes using propane as the primary space heating fuel rose from 71,561 to 89,874.

Between 2016 and today, the number of homes using natural gas as the primary space heating fuel rose from 967,339 to 1,036,714.

Electricity use for home heating in Maryland

Electric space heating systems are becoming more popular in Maryland. Since 2016, the number of homes heating with electricity rose from 877,347 to 1,018,912, a 16.14% increase.

Solar use for home heating in Maryland

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, 9,098 homes in Maryland are heated with active solar arrays. This is a 468.63% increase from 2016, when only 1,600 homes had installed active solar heating.

Maryland Homeowner’s Guide to Selecting an Oil Company

For Maryland homeowners heating with oil, selecting which of the 51 heating oil companies that serve Maryland 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 8 “full-service” oil companies that serve Maryland. Full service companies such as Petro Home Services or Watkins Fuel Company 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 Maryland 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 Maryland include H F Horney Inc and Maryland Oil Company.

Maryland Heating Oil Company Fast Facts

Heating Oil Companies Serving Maryland: 51 companies

Average Number Of Maryland Homes Served Per Company: 3,494 homes

Average Gallons Delivered per Maryland Oil Company: 1,800,842 gallons per year

Maryland Heating Oil Delivery Overview

Approximately 162,382 households in Maryland heat their homes with fuel oil. This makes oil delivery essential, especially when Maryland temperatures drop as low as 42.5° F each winter.

7% of Maryland Households Rely On Heating Oil Delivery Each Winter

Maryland HouseholdsMaryland Heating Oil Households
2.2M162,382

51 Maryland Oil Companies Go the Distance

With 92 million gallons of heating oil delivered to Maryland homeowners during the winter of 2024, the Maryland community relies on its 51 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 Maryland, two of the closest terminals are Buckeye in Baltimore, MD and Citgo in Baltimore, MD. Then, the truck delivers the #2 heating oil to homes and businesses in Maryland.

Maryland Heating Oil Prices FAQs

Is heating oil taxable in Maryland?

Sales of heating oil for use in most residential properties are exempt from sales tax, while sales to commercial buyers are, with few exceptions, taxed.