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Cheapest heating oil price in Olney
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Oil Prices For Heating Oil Companies In Olney, MD
Updated on March 12, 2026 at 12:06 PM
| 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 homeowners heating with heating oil, choosing which of the 7 heating oil companies that serve Olney can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system pick one of the 1 “full-service” oil companies that serve Olney. Full service companies such as Laurel Fuel Oil or offer households annual contracts which consist of a combined package of both automatic heating oil delivery and furnace repair. With an automatic oil delivery contract, the company tracks your home’s 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 known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for households who are looking to save money. With discount oil companies, in exchange for lower 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. A few of the 2 Olney cash heating oil companies serving Olney include Griffith Energy Services Inc and Burtsonville Fuel.
Olney Fuel Oil Company Statistics: Heating oil Companies Serving Olney: 7 companies .
Average Number of Olney Households Served per Fuel Oil company : 23
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Average Olney Heating Oil Price Trends
Updated on March 9, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.847 |
| 1 Month Trend | +$0.995 |
| 3 Month Trend | +$1.177 |
| 1 Year Trend | +$1.249 |
Average Olney Heating Oil Price History
Updated on March 9, 2026
| Date | Price |
|---|---|
| 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 |
| 11/03/2025 | $3.766 |
| 10/27/2025 | $3.712 |
| 10/20/2025 | $3.593 |
| 10/13/2025 | $3.723 |
| 10/06/2025 | $3.765 |
| 05/12/2025 | $3.525 |
| 04/14/2025 | $3.607 |
| 03/31/2025 | $3.730 |
| 03/24/2025 | $3.727 |
| 03/17/2025 | $3.730 |
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Propane vs. Natural Gas vs. Heating Oil: Olney Home Heating Fuel Comparison
Homeowners 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 2nd most popular primary heating fuel for Olney households 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 (in Number 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 less popular in Olney. In the 3 years since 2022, the number of residents using oil fell from 178 to 162, a 9% drop.
Propane vs. Natural Gas use for home heating in Olney
Between 2022 and today, the number of homes using propane as the primary space heating fuel fell from 200 to 180, a 10% change. Comparing 2022 and today, the number of homes using natural gas as the primary space heating fuel fell from 5,077 to 4,953, a 2% change.
Electricity use for home heating in Olney
Electric heat pump systems for home heating are increasing in demand in Olney. Since 2022, the number of homes heating with electricity increased from 2,917 to 3,310, a 13% change.
Adoption of solar home heating systems in Olney
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. Currently, 14 homes in Olney are heated with active solar arrays. This is a 18% drop from 2022, when 17 homes used active solar heating.
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Olney, MD Heating Oil Delivery Map

Olney Heating Oil Delivery Overview
162 houses in Olney heat their homes with heating oil. This makes oil delivery essential, especially when Olney temperatures drop as low as 30.0° F each winter. 2% of Olney houses are reliant on fuel oil delivery each winter.
2% 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 Homeowners Can Count On
With 91,842,974.952 gallons of oil delivered to Olney residences during this past winter, the Olney community looks to 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 oil to homes and businesses throughout Olney and the surrounding vicinity.