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Oil Companies
Oil Prices For Heating Oil Companies In Medford, MA
Updated Today at 12:06 PM
Medford Homeowner’s Guide to Selecting an Oil Company
For Medford homes heating with heating oil, selecting which of the 156 heating oil companies that serve Medford makes a big difference.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system choose one of the 79 “full-service” oil companies that serve Medford. Full service companies such as Firemans Fuel or Keohan Fuels & Transportation Inc offer families annual contracts which consist of a combined package of both automatic oil delivery and furnace 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 family 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 either when the level runs low or just before a major snowstorm. Some of the 2 Medford cash heating oil companies serving Medford include Ranco Enterpises and Maria's Oil.
Medford Number Two Heating Oil Company By The Numbers: Number two heating oil Companies Serving Medford: 156 companies .
Average Number of Medford Homes Served per Heating Oil company : 22
Medford, MA Heating Oil Trends
Last year, Medford homeowners purchased a total of 3 million gallons of heating oil. Out of the 494 towns in Massachusetts, Medford ranks 32nd for home heating oil consumption.
Country-wide, Medford ranks 136th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Medford’s overall heating oil usage fluctuates yearly as winter conditions change. As the temperature outside dips, homes’ boilers need to burn more and more fuel oil to keep the house warm inside. Last winter, the average outside temperature in Medford was 30.8°F, which was 4.6°F colder than the prior winter's average outside temperature.
Medford Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 30.8° F |
| 2023 - 2024 | 35.4° F |
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Oil Prices
Average Medford Heating Oil Price Trends
Updated on March 9, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$1.033 |
| 1 Month Trend | +$1.213 |
| 3 Month Trend | +$1.619 |
| 1 Year Trend | +$1.660 |
Average Medford Heating Oil Price History
Updated on March 9, 2026
| Date | Price |
|---|---|
| 03/09/2026 | $5.443 |
| 03/02/2026 | $4.410 |
| 02/23/2026 | $4.207 |
| 02/16/2026 | $4.214 |
| 02/09/2026 | $4.230 |
| 02/02/2026 | $4.145 |
| 01/26/2026 | $3.980 |
| 01/19/2026 | $3.799 |
| 01/12/2026 | $3.741 |
| 01/05/2026 | $3.757 |
| 12/29/2025 | $3.751 |
| 12/22/2025 | $3.768 |
| 12/15/2025 | $3.806 |
| 12/08/2025 | $3.824 |
| 12/01/2025 | $3.815 |
| 11/24/2025 | $3.847 |
| 11/17/2025 | $3.782 |
| 11/10/2025 | $3.760 |
| 11/03/2025 | $3.631 |
| 10/27/2025 | $3.612 |
| 10/20/2025 | $3.548 |
| 10/13/2025 | $3.561 |
| 10/06/2025 | $3.481 |
| 09/29/2025 | $3.730 |
| 09/22/2025 | $3.673 |
| 09/15/2025 | $3.712 |
| 09/08/2025 | $3.693 |
| 09/01/2025 | $3.691 |
| 08/25/2025 | $3.728 |
| 08/18/2025 | $3.621 |
| 08/11/2025 | $3.672 |
| 08/04/2025 | $3.698 |
| 07/28/2025 | $3.784 |
| 07/21/2025 | $3.890 |
| 07/14/2025 | $3.771 |
| 07/07/2025 | $3.791 |
| 06/30/2025 | $3.651 |
| 06/23/2025 | $3.660 |
| 06/16/2025 | $3.831 |
| 06/09/2025 | $3.526 |
| 06/02/2025 | $3.447 |
| 05/26/2025 | $3.462 |
| 05/19/2025 | $3.537 |
| 05/12/2025 | $3.440 |
| 05/05/2025 | $3.462 |
| 04/28/2025 | $3.665 |
| 04/21/2025 | $3.605 |
| 04/14/2025 | $3.590 |
| 04/07/2025 | $3.541 |
| 03/31/2025 | $3.708 |
| 03/24/2025 | $3.755 |
| 03/17/2025 | $3.783 |
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Heating Oil
20 Seconds Can Save Medford Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Medford Home Heating Fuel Comparison
Families have a choice of fuels that can be used when it comes to heating. Natural Gas is the most common choice in Medford, used by 15,220 or 62% of households. The next most popular primary heating fuel for Medford families is Electricity, used by 4,924 homes (20%). The other homes are heated with Heating Oil (14%), Propane (3%), Other (1%), and Solar (0.5%).
Medford Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 15,220 | 629 | 4,924 | 3,439 | 14 | 113 | 164 |
| 2024 | 15,345 | 600 | 4,756 | 3,592 | 7 | 104 | 154 |
| 2023 | 15,380 | 572 | 4,537 | 3,711 | 0 | 96 | 142 |
| 2022 | 15,809 | 620 | 4,384 | 4,107 | 0 | 147 | 145 |
| 2021 | 15,670 | 698 | 4,084 | 3,953 | 21 | 105 | 76 |
| 2020 | 14,907 | 751 | 3,715 | 4,158 | 19 | 68 | 60 |
| 2019 | 14,463 | 487 | 3,357 | 4,410 | 22 | 35 | 39 |
| 2018 | 14,322 | 479 | 3,282 | 4,728 | 28 | 16 | 52 |
| 2017 | 13,922 | 454 | 3,196 | 4,720 | 38 | 16 | 67 |
| 2016 | 13,144 | 501 | 3,108 | 5,383 | 16 | 0 | 56 |
| 2015 | 12,938 | 482 | 3,077 | 5,511 | 12 | 0 | 51 |
| 2014 | 12,442 | 412 | 3,085 | 6,098 | 13 | 0 | 68 |
| 2013 | 12,003 | 340 | 3,200 | 6,403 | 28 | 0 | 53 |
| 2012 | 12,114 | 368 | 3,043 | 7,108 | 11 | 0 | 85 |
| 2011 | 11,858 | 302 | 3,012 | 7,152 | 13 | 0 | 74 |
Heating Oil (Fuel Oil) Use in Medford
Number two heating oil has become losing popularity in Medford. In the 12 years since 2013, the number of residents using fuel oil decreased from 6,403 to 3,439, a 46% drop.
Propane vs. Natural Gas use for home heating in Medford
Between 2013 and today, the number of households using propane as the primary space heating fuel increased from 340 to 629, a 85% change. Comparing 2013 and today, the number of homes using natural gas as the primary space heating fuel jumped from 12,003 to 15,220, a 27% change.
Electricity use for home heating in Medford
Electric heat pump systems for home heating are more popular in Medford. Since 2013, the number of homes heating with electricity rose from 3,200 to 4,924, a 54% change.
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Oil Delivery
Medford, MA Heating Oil Delivery Map
Medford Heating Oil Delivery Overview
3,439 households in Medford heat their homes with number two heating oil. This makes oil delivery essential, especially when Medford temperatures drop as low as 25.5° F each winter. 14% of Medford households are reliant on number two heating oil delivery each winter.
14% of Medford, MA Households Rely On Heating Oil Delivery Each Winter
| Medford, MA Households | Medford, MA Heating Oil Households |
|---|---|
| 24,684 | 3,439 |
156 Medford Oil Companies Go The Distance
With 582,115,837.988 gallons of oil delivered to Medford families during this past winter, the Medford community looks to its 156 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 Medford, two of the closest terminals are Sprague W in Springfield, MA and Buckeye in Springfield, MA. Then, the truck delivers the fuel oil to homes and businesses throughout Medford and the surrounding area.
