Updated Today at 12:00 AM
Time Horizon | Price Change |
---|---|
1 Day Trend | +$0.009 |
1 Week Trend | +$0.046 |
1 Month Trend | +$0.103 |
1 Year Trend | -$0.341 |
Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
12/30/2024 | $3.103 |
12/27/2024 | $3.121 |
12/26/2024 | $3.112 |
12/25/2024 | $3.113 |
12/24/2024 | $3.108 |
12/23/2024 | $3.205 |
12/20/2024 | $3.076 |
12/19/2024 | $3.076 |
12/18/2024 | $3.075 |
12/17/2024 | $3.077 |
12/16/2024 | $3.071 |
12/13/2024 | $3.086 |
12/12/2024 | $3.086 |
12/11/2024 | $3.057 |
12/10/2024 | $3.054 |
12/09/2024 | $3.064 |
12/06/2024 | $3.072 |
12/05/2024 | $3.051 |
12/04/2024 | $3.040 |
12/03/2024 | $3.022 |
12/02/2024 | $2.985 |
11/29/2024 | $2.984 |
11/28/2024 | $2.986 |
11/27/2024 | $3.020 |
11/26/2024 | $3.019 |
11/25/2024 | $3.062 |
11/22/2024 | $3.000 |
11/21/2024 | $3.021 |
11/20/2024 | $3.018 |
11/19/2024 | $3.013 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Pennsylvania, used by 2,365,280 or 53.72% of homes. The 2nd most popular choice for Pennsylvania homeowners is electricity, used by 1,098,681 homes (24.95%). The remaining homes are heated with heating oil (623,745), propane (190,070), wood (70,145), and other fuels (100,851).
Pennsylvania Primary Home Heating Fuel Popularity by Number of Households
Fuel | Pennsylvania Households | % of Households |
---|---|---|
Natural Gas | 2.3M | 53.7% |
Electricity | 1.0M | 25.0% |
Heating Oil | 623,745 | 14.2% |
Propane | 190,070 | 4.3% |
Wood | 70,145 | 1.6% |
Other Fuels | 34,669 | 0.8% |
Coal | 34,358 | 0.8% |
No Fuel | 28,380 | 0.6% |
Solar | 3,444 | 0.1% |
Natural gas (53.7%)
Electricity (25.0%)
Heating oil (14.2%)
Propane (4.3%)
Wood (1.6%)
Other fuels (0.8%)
Coal (0.8%)
No fuel (0.6%)
Solar (0.1%)
Heating oil has become less popular in Pennsylvania. In the 11 years since 2011, the number of heating oil homes fell from 825,739 to 623,745, a 24.46% drop.
Pennsylvania Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 825,739 |
2012 | 799,996 |
2013 | 768,291 |
2014 | 742,187 |
2015 | 717,580 |
2016 | 688,904 |
2017 | 670,132 |
2018 | 656,577 |
2019 | 643,124 |
2020 | 638,677 |
2021 | 625,641 |
2022 | 623,745 |
Between 2011 and today, the number of homes using propane as the primary space heating fuel rose from 125,708 to 190,070.
Between 2011 and today, the number of homes using natural gas as the primary space heating fuel rose from 2,200,992 to 2,365,280.
Electric space heating systems are becoming more popular in Pennsylvania. Since 2011, the number of homes heating with electricity rose from 814,972 to 1,098,681, a 34.81% 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, 3,444 homes in Pennsylvania are heated with active solar arrays. This is a 381.01% increase from 2011, when only 716 homes had installed active solar heating.
Last year, Pennsylvania homeowners purchased a total of 507 million gallons of heating oil.
Short Term Trends
Pennsylvania’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 Pennsylvania, the average outside temperature was 2.7° F warmer than the prior winter's average outside temperature.
Pennsylvania Average Winter Temperature
Heating Season | Average Temperature |
---|---|
2024 - 2025 | 43.9° F |
2023 - 2024 | 41.2° F |
For Pennsylvania homeowners heating with oil, selecting which of the 188 heating oil companies that serve Pennsylvania 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 30 “full-service” oil companies that serve Pennsylvania. Full service companies such as IT Landes or InterCounty Oil Services Inc 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 Pennsylvania 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 Pennsylvania include Ace Fueling Llc and Blaze Oil Corporation.
Pennsylvania Heating Oil Company Fast Facts
Heating Oil Companies Serving Pennsylvania: 188 companies
Average Number Of Pennsylvania Homes Served Per Company: 4,183 homes
Average Gallons Delivered per Pennsylvania Oil Company: 2,699,398 gallons per year
Approximately 757,160 households in Pennsylvania heat their homes with fuel oil. This makes oil delivery essential, especially when Pennsylvania temperatures drop as low as 42.5° F each winter.
15% of Pennsylvania Households Rely On Heating Oil Delivery Each Winter
Pennsylvania Households | Pennsylvania Heating Oil Households |
---|---|
5.0M | 757,160 |
188 Pennsylvania Oil Companies Go the Distance
With 507 million gallons of heating oil delivered to Pennsylvania homeowners during the winter of 2023, the Pennsylvania community relies on its 188 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 Pennsylvania, two of the closest terminals are Etmt in Altoona, PA and Lucknow in El Dorado, PA. Then, the truck delivers the #2 heating oil to homes and businesses in Pennsylvania.