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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 homeowners heating with fuel oil, selecting which of the 7 heating oil companies that serve Olney is an important decision.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system select 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 oil delivery and furnace repair. With an automatic number two heating oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The client 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 homeowners who are looking to save money. With discount oil companies, in return for better prices, you monitor the heating oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Some of the 2 Olney cash heating oil companies serving Olney include Griffith Energy Services Inc and Burtsonville Fuel.
Olney Number Two Heating Oil Company Fast Facts: Fuel oil Companies Serving Olney: 7 companies .
Average Number of Olney Households Served per Number Two 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 number two heating oil consumption changes from year to year based on the severity of the winter. As the temperature outside drops, 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 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 | +$1.751 |
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 |
| 05/12/2025 | $3.525 |
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Propane vs. Natural Gas vs. Heating Oil: Olney Home Heating Fuel Comparison
Homeowners have a variety of fuels to choose from when it comes to heating. Natural Gas is the most common choice in Olney, used by 4,953 or 57% of residents. The next 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 decreasing in demand in Olney. In the 4 years since 2021, the number of homeowners using heating oil fell from 265 to 162, a 39% drop.
Propane vs. Natural Gas use for home heating in Olney
Between 2021 and today, the number of houses using propane as the primary space heating fuel dropped from 190 to 180, a 5% change. Comparing 2021 and today, the number of homes using natural gas as the primary space heating fuel dipped from 5,115 to 4,953, a 3% change.
Electricity use for home heating in Olney
Electric heat pump systems for home heating are more prevalent in Olney. Since 2021, the number of homes heating with electricity grew from 2,834 to 3,310, a 17% change.
Adoption of solar home heating systems in Olney
Solar is the most environmentally friendly of all heating fuels. 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. Currently, 14 homes in Olney are heated with active solar arrays. This is a 39% drop from 2021, when 23 homes utilized 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 number two heating oil. This makes oil delivery essential, especially when Olney temperatures drop as low as 30.0° F each winter. 1.9% of Olney residences 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 Fuel Oil Companies Serving The Community
With 93,800 gallons of number two heating oil delivered to Olney homeowners 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.