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Save on Heating Oil: Compare Prices from 23 Newark Suppliers

Oil Prices in Newark, NJ

Updated Today at 01:09 AM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
Advantage Oil $2.63 Yes Yes
Pedersen Oil Company $2.90 Yes Yes
Bacardi Oil Service $2.78 Yes Yes
National Fuel Oil Inc $3.30 Yes Yes
Affordable Oil Call for price No No
Longhorn Oil Company Call for price No No
NJ Easy Call for price No No
Atlantic Fuel Co Call for price No No
John Duffy Energy Call for price No No
Ariba Oil Call for price No No
Fleet Fuel Call for price No No
G and R Fuel Inc Call for price No No
B&M Oil and Gas Call for price No No
Hutch Fuel Oil Call for price No No
Deinrich Fuel Oil Inc Call for price No No
Woolley Home Solutions Call for price No No
OrangeAlden Fuel Co Call for price No No
Majora Fuel Call for price No No
JW Pierson Co Call for price No No
Tomasso Bros Energy Call for price No No
George Oil Co Call for price No No
Theodor V Cebula Inc Call for price No No
Bonded Oil Call for price No No

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

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Newark, NJ Cash heating Oil delivery map

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

Newark, NJ Best Oil Prices Per Gallon

Order Size (gallons)Credit (per gallon)(/gal)Cash (per gallon)(/gal)Updated At
100$2.63 $2.63 Nov 20, 2024, 3:00 PM
150$2.63 $2.63 Nov 20, 2024, 3:00 PM
200$2.63 $2.63 Nov 20, 2024, 3:00 PM
250$2.63 $2.63 Nov 20, 2024, 3:00 PM

Newark Heating Oil Price Trends

Updated Today at 12:00 AM

Time HorizonPrice Change
1 Week Trend+$0.129
1 Month Trend+$0.020
1 Year Trend-$0.816

Newark Heating Oil Price History

Updated Today at 12:00 AM

DateAverage Oil Price
11/21/2024$2.901
11/20/2024$2.901
11/19/2024$2.993
11/18/2024$2.864
11/17/2024$2.735
11/16/2024$2.735
11/15/2024$2.735
11/14/2024$2.772
11/13/2024$2.772
11/12/2024$2.772
11/11/2024$2.821
11/10/2024$2.821
11/09/2024$2.821
11/08/2024$2.834
11/07/2024$2.834
11/06/2024$2.834
11/05/2024$2.834
11/04/2024$2.834
11/03/2024$2.834
11/02/2024$2.834
11/01/2024$2.834
10/31/2024$2.834
10/30/2024$2.844
10/29/2024$2.844
10/28/2024$2.844
10/27/2024$2.869
10/26/2024$2.869
10/25/2024$2.869
10/24/2024$2.869
10/23/2024$2.869

Propane vs. Natural Gas vs. Heating Oil: Newark Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Newark, used by 87,201 or 73.81% of homes. The 2nd most popular choice for Newark homeowners is electricity, used by 20,190 homes (17.09%). The remaining homes are heated with no fuel (4,193), heating oil (3,932), propane (2,803), and other fuels (1,057).

Newark Primary Home Heating Fuel Popularity by Number of Households

FuelNewark Households % of Households
Natural Gas87,20173.8%
Electricity20,19017.1%
No Fuel4,1933.6%
Heating Oil3,9323.3%
Propane2,8032.4%
Other Fuels1,0250.9%
Solar320.0%

Natural gas (73.8%)

Electricity (17.1%)

No fuel (3.6%)

Heating oil (3.3%)

Propane (2.4%)

Other fuels (0.9%)

Solar (0.0%)

#2 Heating Oil (Fuel Oil) Use in Newark

Heating oil has become less popular in Newark. In the 3 years since 2019, the number of heating oil homes fell from 4,454 to 3,932, a 11.72% drop.

Newark Heating Oil Households (2011 - 2022)

YearHeating Oil Households
201110,129
20129,412
20138,265
20148,017
20157,571
20166,759
20176,029
20185,191
20194,454
20204,070
20213,909
20223,932

Propane vs. Natural Gas use for home heating in Newark

Between 2019 and today, the number of homes using propane as the primary space heating fuel rose from 1,649 to 2,803.

Between 2019 and today, the number of homes using natural gas as the primary space heating fuel rose from 73,115 to 87,201.

Electricity use for home heating in Newark

Electric space heating systems are becoming more popular in Newark. Since 2019, the number of homes heating with electricity rose from 19,585 to 20,190, a 3.09% increase.

Solar use for home heating in Newark

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.

Currently, 32 homes in Newark are heated with active solar arrays. This is a 28.89% decrease from 2019, when only 45 homes had installed active solar heating.

Newark Homeowner’s Guide to Selecting an Oil Company

For Newark homeowners heating with oil, selecting which of the 23 heating oil companies that serve Newark 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 1 “full-service” oil companies that serve Newark. Full service companies such as Advantage Oil or undefined 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 Newark 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 Newark include Affordable Oil and Longhorn Oil Company.

Newark Heating Oil Company Fast Facts

Heating Oil Companies Serving Newark: 23 companies

Average Distance From Oil Company to Newark: 18 miles

Average Number Of Newark Homes Served Per Company: 170 homes

Average Gallons Delivered per Newark Oil Company: 112,345 gallons per year

Newark, NJ Heating Oil Delivery Overview

Approximately 3,932 households in Newark, NJ heat their homes with fuel oil. This makes oil delivery essential, especially when Newark, NJ temperatures drop as low as 42.5° F each winter.

3% of Newark, NJ Households Rely On Heating Oil Delivery Each Winter

Newark, NJ HouseholdsNewark, NJ Heating Oil Households
118,1403,932

23 Newark, NJ Oil Companies Go the Distance

With 3 million gallons of heating oil delivered to Newark, NJ homeowners during the winter of 2023, the Newark, NJ community relies on its 23 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 Newark, NJ, two of the closest terminals are Buckeye in Newark Proper, NJ and Buckeye in Newark, NJ. Then, the truck delivers the #2 heating oil to homes and businesses in Newark, NJ.

Newark Heating Oil Prices FAQs

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

The best price of home heating oil in Newark, NJ today is $2.63 per gallon. The price of heating oil in Newark, NJ ranges from a low of $2.63 to a high of $3.30. The average heating oil price in New Jersey state is $2.90.

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

On average, 100 gallons of heating oil costs $290.00 in Newark, NJ. Prices range from $262.50 to $330.00, depending on the oil company.

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

The price of heating oil in Newark, NJ has been falling over the last 7 days, with a total decrease of $0.18 per gallon.

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

The average price of home heating oil in Newark, NJ is $2.90 per gallon.

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

Today in Newark, NJ, the price of home heating oil is $2.63 per gallon, which amounts to $262.50 for a 100-gallon order (excluding any applicable taxes).

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

The current price of heating oil in Newark, NJ ranges from $2.63 to $3.30 per gallon, depending on the delivery address and the oil company. The average price is $2.90 per gallon.

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

The current price of home heating oil in Newark, NJ ranges from $2.63 to $3.30 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 Newark, NJ?

Heating oil prices have down in Newark, NJ by $0.18 per gallon over the past 7 days, which amounts to a $18.00 for a 100-gallon order.

How much is oil per gallon in Newark, NJ?

As of today, November 21st, 2024, the average price of oil is $2.90 per gallon for a 100-gallon order paid by credit card. Prices can vary from $2.63 to $3.30 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.

How much is oil for heat in Newark, NJ?

Currently, the price of oil for heating in Newark, NJ ranges from $2.63 to $3.30 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 Newark, NJ?

There’s no limit to how high oil prices can go in Newark, NJ. Over the past year, Newark, NJ heating oil prices per gallon have risen as high as $6.41 for a 100-gallon order. This is $3.51 per gallon more than the current average price of $2.90, and $3.78 per gallon more than the lowest price currently available, which is $2.63. 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.

Heating Oil Prices Near You In These Adjacent Towns