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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 families heating with number two heating oil, selecting which of the 7 heating oil companies that serve Olney makes a big difference.
Full Service Oil Companies: Homeowners who can afford 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 customers annual contracts which consist of a combined package of both automatic number two heating oil delivery and heating system repair. With an automatic oil delivery contract, the company tracks your home’s number two heating oil consumption and makes deliveries when your tank is running low. The household 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 homeowners who are budget-conscious. With discount oil companies, in exchange for lower prices, you monitor the fuel oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Examples of 2 Olney cash heating oil companies serving Olney include Griffith Energy Services Inc and Burtsonville Fuel.
Olney Number Two Heating Oil Company By The Numbers: Number two heating oil Companies Serving Olney: 7 companies .
Average Number of Olney Households 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 oil use fluctuates each year primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ HVAC systems need to burn increasing amounts of oil to keep the house warm inside. 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 March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.100 |
| 1 Month Trend | +$1.144 |
| 3 Month Trend | +$1.497 |
| 1 Year Trend | +$1.511 |
Average Olney Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 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 |
| 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 |
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Propane vs. Natural Gas vs. Heating Oil: Olney Home Heating Fuel Comparison
Homes have a variety of fuels to choose from when it comes to heating. Natural Gas is the most popular 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 other 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
Fuel oil has become staying consistent in Olney. In the 1 years since 2024, the number of households using oil held steady at 162.
Propane vs. Natural Gas use for home heating in Olney
Between 2024 and today, the number of houses using propane as the primary space heating fuel ramped up from 175 to 180, a 3% change. Comparing 2024 and today, the number of homes using natural gas as the primary space heating fuel remained stable at 4,953, a 0% change.
Electricity use for home heating in Olney
Electric heat pump systems for home heating are increasing in demand in Olney. Since 2024, the number of homes heating with electricity rose from 3,190 to 3,310, a 4% 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 flows between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Now, 14 homes in Olney are heated with active solar arrays. This is a 0% no change from 2024, when 14 homes had active solar heating.
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Olney, MD Heating Oil Delivery Map

Olney Heating Oil Delivery Overview
162 residences in Olney heat their homes with oil. This makes oil delivery essential, especially when Olney temperatures drop as low as 30.0° F each winter. 1.9% of Olney households are reliant 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 Oil Companies Go The Distance
With 93,800 gallons of fuel oil delivered to Olney houses last winter, the Olney community depends on its 7 oil companies to keep their oil tanks full. 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 #2 heating oil to homes and businesses throughout Olney and the surrounding area.