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Save on Heating Oil: Compare Prices from 8 Red Bank Suppliers

Oil Prices in Red Bank, NJ

Updated Today at 08:29 AM

Heating Oil Company	Oil Price Per Gallon	Cash Discount	Volume Discount
Globe Discount	$3.73	Yes	Yes
Globe Petroleum	Call for price	No	No
Bacardi Oil Service	$2.88	Yes	Yes
Jacquar Fuel Oil	$2.86	Yes	Yes
Central New Jersey Heating Oil Inc	$2.88	Yes	Yes
Lawes Discount Oil	$3.25	Yes	Yes
NJ Easy	$3.23	Yes	Yes
Lawes Home Comfort	Call for price	No	No

Why Red Bank Homeowners Choose Heat Fleet?

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Heat Fleet Champions Red Bank Homeowners

We promote residential heating oil savings in Red Bank by providing real-time Red bank heating oil prices and state-of-the-art secure online ordering.

Red Bank, NJ Cash heating Oil delivery map

Map of the COD Fuel Oil delivery service area for Red Bank, NJ

Order Size (gallons)	Credit (per gallon)(/gal)	Cash (per gallon)(/gal)	Updated At
100	$2.86	$2.88	Dec 21, 2024, 9:00 AM
150	$2.86	$2.88	Dec 21, 2024, 9:00 AM
200	$2.86	$2.83	Dec 21, 2024, 9:00 AM
250	$2.86	$2.83	Dec 21, 2024, 9:00 AM

Red Bank Heating Oil Price Trends

Updated Today at 12:00 AM

Time Horizon	Price Change
1 Week Trend	+$0.075
1 Month Trend	+$0.353
1 Year Trend	-$0.408

Red Bank Heating Oil Price History

Updated Today at 12:00 AM

Date	Average Oil Price
12/21/2024	$3.138
12/20/2024	$3.138
12/19/2024	$3.145
12/18/2024	$3.148
12/17/2024	$3.153
12/16/2024	$3.148
12/15/2024	$3.063
12/14/2024	$3.063
12/13/2024	$3.063
12/12/2024	$3.063
12/11/2024	$3.001
12/10/2024	$2.984
12/09/2024	$2.978
12/08/2024	$2.984
12/07/2024	$2.984
12/06/2024	$2.984
12/05/2024	$3.024
12/04/2024	$3.034
12/03/2024	$2.880
12/02/2024	$3.066
12/01/2024	$3.066
11/30/2024	$3.066
11/29/2024	$2.997
11/28/2024	$2.940
11/27/2024	$2.940
11/26/2024	$2.960
11/25/2024	$3.032
11/24/2024	$3.030
11/23/2024	$3.030
11/22/2024	$3.030

Propane vs. Natural Gas vs. Heating Oil: Red Bank Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Red Bank, used by 8,801 or 76.48% of homes. The 2nd most popular choice for Red Bank homeowners is electricity, used by 1,824 homes (15.85%). The remaining homes are heated with heating oil (552), propane (191), no fuel (144), and other fuels (60).

Red Bank Primary Home Heating Fuel Popularity by Number of Households

Fuel	Red Bank Households	% of Households
Natural Gas	8,801	76.5%
Electricity	1,824	15.9%
Heating Oil	552	4.8%
Propane	191	1.7%
No Fuel	144	1.3%
Other Fuels	35	0.3%
Wood	25	0.2%

Natural gas (76.5%)

Electricity (15.9%)

Heating oil (4.8%)

Propane (1.7%)

No fuel (1.3%)

Other fuels (0.3%)

Wood (0.2%)

#2 Heating Oil (Fuel Oil) Use in Red Bank

Heating oil has become less popular in Red Bank. In the 2 years since 2020, the number of heating oil homes fell from 556 to 552, a 0.72% drop.

Red Bank Heating Oil Households (2011 - 2022)

Year	Heating Oil Households
2011	911
2012	916
2013	817
2014	756
2015	712
2016	654
2017	591
2018	516
2019	406
2020	556
2021	554
2022	552

Propane vs. Natural Gas use for home heating in Red Bank

Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 142 to 191.

Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 7,576 to 8,801.

Electricity use for home heating in Red Bank

Electric space heating systems are becoming drop popular in Red Bank. Since 2020, the number of homes heating with electricity fell from 2,184 to 1,824, a 16.48% decrease.

Solar use for home heating in Red Bank

Solar is the most environmentally friendly of all space heating fuels. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank in the basement.

Homeowners in Red Bank have not yet adopted solar heating.

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 160^th for home heating oil consumption.

Country-wide, Red Bank ranks 1955^th out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Red Bank’s overall heating oil use varies from year to year, primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn more and more oil to keep homes warm. Last winter in Red Bank, the average outside temperature was 4.5° F warmer than the prior winter's average outside temperature.

Red Bank Average Winter Temperature

Heating Season	Average Temperature
2024 - 2025	46° F
2023 - 2024	41.5° F

Red Bank Homeowner’s Guide to Selecting an Oil Company

For Red Bank homeowners heating with oil, selecting which of the 8 heating oil companies that serve Red Bank is an important decision.

Full Service Oil Companies: Homeowners willing to pay a premium for 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 automatic fuel delivery and furnace repair under a single roof.

Discount Oil Companies: Also known by the names “COD Fuel Companies” or “Cash Heating Oil Companies”, these companies are for the budget-conscious Red Bank homeowner. In return for better prices, you monitor the oil level in your tank and place an order when you run low on oil. Examples of cash heating oil companies that serve Red Bank include Jacquar Fuel Oil and Globe Discount.

Red Bank Heating Oil Company Fast Facts

Heating Oil Companies Serving Red Bank: 8 companies

Average Distance From Oil Company to Red Bank: 18 miles

Average Number Of Red Bank Homes Served Per Company: 69 homes

Average Gallons Delivered per Red Bank Oil Company: 45,344 gallons per year

Red Bank, NJ Heating Oil Delivery Overview

Approximately 552 households in Red Bank, NJ heat their homes with fuel oil. This makes oil delivery essential, especially when Red Bank, NJ temperatures drop as low as 42.5° F each winter.

4% of Red Bank, NJ Households Rely On Heating Oil Delivery Each Winter

Red Bank, NJ Households	Red Bank, NJ Heating Oil Households
11,507	552

8 Red Bank, NJ Oil Companies Go the Distance

With 362,752 gallons of heating oil delivered to Red Bank, NJ homeowners during the winter of 2023, the Red Bank, NJ community relies on its 8 oil companies to keep warm.

Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal. In the case of Red Bank, NJ, two of the closest terminals are Buckeye in Newark, NJ and Psx in Tremley Point, NJ. Then, the truck delivers the #2 heating oil to homes and businesses in Red Bank, NJ.

Red Bank Heating Oil Prices FAQs

What is the best price per gallon of home heating oil in Red Bank, NJ?

The best price of home heating oil in Red Bank, NJ today is $2.86 per gallon. The price of heating oil in Red Bank, NJ ranges from a low of $2.86 to a high of $3.73. The average heating oil price in New Jersey state is $3.14.

How much does 100 gallons of heating oil cost in Red Bank, NJ?

On average, 100 gallons of heating oil costs $314.00 in Red Bank, NJ. Prices range from $286.00 to $373.00, depending on the oil company.

Is the price of heating oil in Red Bank, NJ rising or falling?

The price of heating oil in Red Bank, NJ has been falling over the last 7 days, with a total decrease of $0.16 per gallon.

What is the average price of home heating oil in Red Bank, NJ?

The average price of home heating oil in Red Bank, NJ is $3.14 per gallon.

What is the price of home heating oil today in Red Bank, NJ?

Today in Red Bank, NJ, the price of home heating oil is $2.86 per gallon, which amounts to $286.00 for a 100-gallon order (excluding any applicable taxes).

What is the current price of heating oil in Red Bank, NJ?

The current price of heating oil in Red Bank, NJ ranges from $2.86 to $3.73 per gallon, depending on the delivery address and the oil company. The average price is $3.14 per gallon.

How much is home heating oil right now in Red Bank, NJ?

The current price of home heating oil in Red Bank, NJ ranges from $2.86 to $3.73 per gallon for a 100-gallon order paid by credit card. Prices can vary based on location, and cash or volume discounts may be available.

Is heating oil going up or down in Red Bank, NJ?

Heating oil prices have gone down in Red Bank, NJ by $0.16 per gallon over the past 7 days, which amounts to a $16.00 for a 100-gallon order.

How much is oil per gallon in Red Bank, NJ?

As of today, December 21st, 2024, the average price of oil is $3.14 per gallon for a 100-gallon order paid by credit card. Prices can vary from $2.86 to $3.73 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.

How much is oil for heat in Red Bank, NJ?

Currently, the price of oil for heating in Red Bank, NJ ranges from $2.86 to $3.73 per gallon for a 100-gallon delivery. Some oil companies offer various discounts, including cash discounts, volume discounts, military discounts, and senior discounts.

How high will oil go in Red Bank, NJ?

There’s no limit to how high oil prices can go in Red Bank, NJ. Over the past year, Red Bank, NJ heating oil prices per gallon have risen as high as $5.58 for a 100-gallon order. This is $2.45 per gallon more than the current average price of $3.14, and $2.72 per gallon more than the lowest price currently available, which is $2.86. Home heating oil prices fluctuate daily based on several factors, including demand, local fuel inventories at terminals (such as CITGO), and the price of crude oil.