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Cheapest heating oil price in Red Bank
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Oil Prices For Heating Oil Companies In Red Bank, NJ
Updated Today at 12:06 PM
| Heating Oil Company | Oil Price Per Gallon |
|---|---|
| Globe Discount | Call for price |
| Globe Petroleum | Call for price |
| Jacquar Fuel Oil | Call for price |
| Lawes Discount Oil | Call for price |
| Lawes Home Comfort | Call for price |
| Central New Jersey Heating Oil Inc | Call for price |
| Bacardi Oil Service | Call for price |
| NJ Easy | Call for price |
Red Bank Homeowner’s Guide to Selecting an Oil Company
For Red Bank households heating with number two heating oil, selecting which of the 8 heating oil companies that serve Red Bank makes a big difference.
Full Service Oil Companies: Homeowners who can afford a “set-it-and-forget-it” heating system choose one of the 2 “full-service” oil companies that serve Red Bank. Full service companies such as Lawes Home Comfort or Globe Petroleum offer households annual contracts which consist of a combined package of both automatic number two heating oil delivery and furnace repair. With an automatic heating 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 households who are budget-conscious. With discount oil companies, in return for better prices, you monitor the oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Examples of 2 Red Bank cash heating oil companies serving Red Bank include Jacquar Fuel Oil and Globe Discount.
Red Bank Number Two Heating Oil Company Fast Facts: Fuel oil Companies Serving Red Bank: 8 companies .
Average Number of Red Bank Homes Served per Heating Oil company : 66
Red Bank, NJ Heating Oil Trends
Last year, Red Bank homeowners purchased a total of 362,753 gallons of heating oil. Out of the 409 towns in New Jersey, Red Bank ranks 160th for home heating oil consumption.
Country-wide, Red Bank ranks 1955th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Red Bank’s overall heating oil consumption varies yearly based on the severity of the winter. As the temperature outside gets colder, homes’ heating systems need to burn more and more fuel oil to maintain a constant interior temperature. Last winter, the average outside temperature in Red Bank was 35.7°F, which was 3.9°F colder than the prior winter's average outside temperature.
Red Bank Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 35.7° F |
| 2023 - 2024 | 39.6° F |
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Average Red Bank Heating Oil Price Trends
Updated on March 2, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.150 |
| 1 Month Trend | +$0.200 |
| 3 Month Trend | +$0.670 |
| 1 Year Trend | +$0.725 |
Average Red Bank Heating Oil Price History
Updated on March 2, 2026
| Date | Price |
|---|---|
| 03/02/2026 | $4.621 |
| 02/23/2026 | $4.471 |
| 02/16/2026 | $4.435 |
| 02/09/2026 | $4.434 |
| 02/02/2026 | $4.421 |
| 01/26/2026 | $4.145 |
| 01/19/2026 | $3.984 |
| 01/12/2026 | $3.885 |
| 01/05/2026 | $3.873 |
| 12/29/2025 | $3.878 |
| 12/22/2025 | $3.872 |
| 12/15/2025 | $3.939 |
| 12/08/2025 | $4.002 |
| 12/01/2025 | $3.951 |
| 11/24/2025 | $4.050 |
| 11/17/2025 | $4.044 |
| 11/10/2025 | $3.990 |
| 11/03/2025 | $3.868 |
| 10/27/2025 | $3.844 |
| 10/20/2025 | $3.776 |
| 10/13/2025 | $3.792 |
| 10/06/2025 | $3.599 |
| 09/29/2025 | $3.930 |
| 09/22/2025 | $3.874 |
| 09/15/2025 | $3.913 |
| 09/08/2025 | $3.894 |
| 09/01/2025 | $3.892 |
| 08/25/2025 | $3.929 |
| 08/18/2025 | $3.822 |
| 08/11/2025 | $3.873 |
| 08/04/2025 | $3.899 |
| 07/28/2025 | $3.985 |
| 07/21/2025 | $4.091 |
| 07/14/2025 | $3.972 |
| 07/07/2025 | $3.992 |
| 06/30/2025 | $3.852 |
| 06/23/2025 | $3.861 |
| 06/16/2025 | $4.032 |
| 06/09/2025 | $3.728 |
| 06/02/2025 | $3.646 |
| 05/26/2025 | $3.667 |
| 05/19/2025 | $3.729 |
| 05/12/2025 | $3.658 |
| 05/05/2025 | $3.628 |
| 04/28/2025 | $3.835 |
| 04/21/2025 | $3.768 |
| 04/14/2025 | $3.767 |
| 04/07/2025 | $3.691 |
| 03/31/2025 | $3.877 |
| 03/24/2025 | $3.886 |
| 03/17/2025 | $3.896 |
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20 Seconds Can Save Red Bank Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Red Bank Home Heating Fuel Comparison
Homes have a host of fuels to choose from when it comes to heating. Natural Gas is the preferred choice in Red Bank, used by 7,842 or 72% of households. The next most popular primary heating fuel for Red Bank homeowners is Electricity, used by 2,014 homes (19%). The rest of the homes are heated with Heating Oil (5%), Propane (3%), Other (1%), and Solar (0.1%).
Red Bank Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 7,842 | 311 | 2,014 | 531 | 9 | 13 | 19 |
| 2024 | 7,842 | 293 | 1,956 | 531 | 7 | 12 | 17 |
| 2023 | 7,908 | 279 | 1,892 | 537 | 5 | 11 | 15 |
| 2022 | 7,987 | 250 | 2,165 | 561 | 11 | 0 | 12 |
| 2021 | 8,166 | 165 | 1,996 | 554 | 10 | 0 | 26 |
| 2020 | 7,576 | 142 | 2,184 | 556 | 4 | 0 | 19 |
| 2019 | 7,404 | 87 | 1,937 | 406 | 22 | 0 | 35 |
| 2018 | 7,164 | 77 | 1,929 | 516 | 20 | 0 | 47 |
| 2017 | 6,895 | 97 | 1,973 | 591 | 35 | 0 | 33 |
| 2016 | 6,686 | 61 | 2,163 | 654 | 31 | 0 | 56 |
| 2015 | 6,749 | 111 | 2,020 | 712 | 36 | 0 | 51 |
| 2014 | 6,760 | 113 | 2,077 | 756 | 27 | 0 | 34 |
| 2013 | 6,585 | 119 | 2,078 | 817 | 6 | 0 | 27 |
| 2012 | 6,939 | 101 | 1,941 | 916 | 0 | 0 | 52 |
| 2011 | 6,962 | 94 | 1,953 | 911 | 0 | 0 | 14 |
Heating Oil (Fuel Oil) Use in Red Bank
Number two heating oil has become less frequently used in Red Bank. In the 13 years since 2012, the number of households using fuel oil fell from 916 to 531, a 42% drop.
Propane vs. Natural Gas use for home heating in Red Bank
Between 2012 and today, the number of homes using propane as the primary space heating fuel shot up from 101 to 311, a 208% change. Comparing 2012 and today, the number of homes using natural gas as the primary space heating fuel grew from 6,939 to 7,842, a 13% change.
Electricity use for home heating in Red Bank
Electric heat pump systems for home heating are more prevalent in Red Bank. Since 2012, the number of homes heating with electricity grew from 1,941 to 2,014, a 4% change.
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Red Bank, NJ Heating Oil Delivery Map

Red Bank Heating Oil Delivery Overview
531 households in Red Bank heat their homes with heating oil. This makes oil delivery essential, especially when Red Bank temperatures drop as low as 31.9° F each winter. 5% of Red Bank houses rely on fuel oil delivery each winter.
5% of Red Bank, NJ Households Rely On Heating Oil Delivery Each Winter
| Red Bank, NJ Households | Red Bank, NJ Heating Oil Households |
|---|---|
| 10,851 | 531 |
8 Red Bank Number Two Heating Oil Companies Homeowners Can Count On
With 169,797,916.341 gallons of heating oil delivered to Red Bank homeowners the last heating season, the Red Bank community depends on its 8 oil companies to keep warm throughout the winter. Oil delivery has two parts to it: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Red Bank, two of the closest terminals are Sunoco in Linden, NJ and Sunoco in Linden, NJ. Then, the truck delivers the #2 heating oil to residences and companies throughout Red Bank and the surrounding vicinity.