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Cheapest heating oil price in Olney
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Oil Prices For Heating Oil Companies In Olney, MD
| Heating Oil Company | Oil Price Per Gallon |
|---|---|
| Griffith Energy Serevices | Call for price |
| Burtsonville Fuel | Call for price |
| Laurel Fuel Company | Call for price |
| Parker Fuel Co Inc | Call for price |
| Damascus Fuel Company | Call for price |
| Laurel Fuel Oil | Call for price |
| Amato Industries | Call for price |
Olney Homeowner’s Guide to Selecting an Oil Company
For Olney households heating with heating oil, picking which of the 7 heating oil companies that serve Olney is an important decision.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system choose one of the 1 “full-service” oil companies that serve Olney. Full service companies such as Laurel Fuel Oil or offer clients annual contracts which consist of a combined package of both automatic fuel oil delivery and HVAC repair. With an automatic oil delivery contract, the company tracks your home’s heating oil consumption and makes deliveries when your tank is running low. The customer does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for customers who are looking to save money. With discount oil companies, in exchange for lower prices, you monitor the number two heating 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 Olney cash heating oil companies serving Olney include Griffith Energy Services Inc and Burtsonville Fuel.
Olney Fuel Oil Company Fast Facts: Number two heating oil Companies Serving Olney: 7 companies .
Average Number of Olney Houses Served per Heating Oil company : 23
Olney, MD Heating Oil Trends
Last year, Olney homeowners purchased a total of 93,800 gallons of heating oil. Out of the 175 towns in Maryland, Olney ranks 213rd for home heating oil consumption.
Country-wide, Olney ranks 4038th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Olney’s overall fuel oil consumption varies from year to year correlating with how cold it gets each winter. As the temperature outside gets more chilly, homes’ furnaces need to burn more and more number two heating oil to maintain a constant interior temperature. Last winter, the average outside temperature in Olney was 35.1°F, which was 5°F colder than the prior winter's average outside temperature.
Olney Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 35.1° F |
| 2023 - 2024 | 40.1° F |
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Average Olney Heating Oil Price Trends
Updated on November 2, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.065 |
| 1 Month Trend | +$0.984 |
| 3 Month Trend | +$2.506 |
| 1 Year Trend | +$2.535 |
Average Olney Heating Oil Price History
Updated on November 2, 2026
| Date | Price |
|---|---|
| 11/02/2026 | $6.360 |
| 10/26/2026 | $6.425 |
| 10/19/2026 | $6.371 |
| 03/30/2026 | $5.276 |
| 03/23/2026 | $5.376 |
| 03/16/2026 | $5.219 |
| 03/09/2026 | $4.979 |
| 03/02/2026 | $4.132 |
| 02/23/2026 | $4.077 |
| 02/16/2026 | $4.014 |
| 02/09/2026 | $3.984 |
| 02/02/2026 | $3.930 |
| 01/26/2026 | $3.854 |
| 01/19/2026 | $3.749 |
| 01/12/2026 | $3.704 |
| 01/05/2026 | $3.779 |
| 12/29/2025 | $3.744 |
| 12/22/2025 | $3.701 |
| 12/15/2025 | $3.836 |
| 12/08/2025 | $3.802 |
| 12/01/2025 | $3.905 |
| 11/24/2025 | $3.924 |
| 11/17/2025 | $3.891 |
| 11/10/2025 | $3.825 |
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20 Seconds Can Save Olney Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Olney Home Heating Fuel Comparison
Residences have a choice of fuels that can be used when it comes to heating. Natural Gas is the preferred choice in Olney, used by 4,953 or 57% of homeowners. The next most popular primary heating fuel for Olney families is Electricity, used by 3,310 homes (38%). The remaining homes are heated with Propane (2%), Heating Oil (2%), Other (1%), and Wood (0.4%).
Olney Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 4,953 | 180 | 3,310 | 162 | 33 | 14 | 32 |
| 2024 | 4,953 | 175 | 3,190 | 162 | 33 | 14 | 32 |
| 2023 | 4,931 | 160 | 3,073 | 161 | 33 | 13 | 32 |
| 2022 | 5,077 | 200 | 2,917 | 178 | 42 | 17 | 29 |
| 2021 | 5,115 | 190 | 2,834 | 265 | 34 | 23 | 11 |
| 2020 | 4,986 | 114 | 2,908 | 385 | 36 | 0 | 19 |
| 2019 | 5,063 | 75 | 3,178 | 389 | 60 | 0 | 15 |
| 2018 | 5,189 | 88 | 2,961 | 446 | 15 | 0 | 11 |
| 2017 | 5,208 | 66 | 3,040 | 460 | 14 | 0 | 8 |
| 2016 | 5,126 | 88 | 3,064 | 415 | 23 | 0 | 3 |
| 2015 | 5,134 | 74 | 2,947 | 441 | 32 | 0 | 15 |
| 2014 | 5,099 | 59 | 3,000 | 464 | 9 | 0 | 31 |
| 2013 | 4,954 | 31 | 3,033 | 454 | 12 | 0 | 28 |
| 2012 | 5,013 | 30 | 2,884 | 440 | 23 | 0 | 29 |
| 2011 | 4,952 | 7 | 3,071 | 408 | 0 | 0 | 38 |
Heating Oil (Fuel Oil) Use in Olney
Oil has become losing popularity in Olney. In the 11 years since 2014, the number of homeowners using heating oil dropped from 464 to 162, a 65% drop.
Propane vs. Natural Gas use for home heating in Olney
Between 2014 and today, the number of households using propane as the primary space heating fuel grew from 59 to 180, a 205% change. Comparing 2014 and today, the number of homes using natural gas as the primary space heating fuel fell from 5,099 to 4,953, a 3% change.
Electricity use for home heating in Olney
Electric heat pump systems for home heating are more popular in Olney. Since 2014, the number of homes heating with electricity ramped up from 3,000 to 3,310, a 10% change.
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Olney, MD Heating Oil Delivery Map

Olney Heating Oil Delivery Overview
162 houses in Olney heat their homes with fuel oil. This makes oil delivery essential, especially when Olney temperatures drop as low as 30.0° F each winter. 1.9% of Olney houses depend on number two heating oil delivery each winter.
1.9% of Olney, MD Households Rely On Heating Oil Delivery Each Winter
| Olney, MD Households | Olney, MD Heating Oil Households |
|---|---|
| 8,704 | 162 |
7 Olney Number Two Heating Oil Companies Serving The Community
With 93,800 gallons of heating oil delivered to Olney residences during this past winter, the Olney community relies on its 7 oil companies when temperatures dip. Oil delivery can be summed up in two steps: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Olney, two of the closest terminals are Buckeye in Baltimore, MD and Center Pt in Baltimore, MD. Then, the truck delivers the fuel oil to homes and businesses throughout Olney and the surrounding area.