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Updated Today at 01:09 AM
Heating Oil Company | Oil Price Per Gallon | Cash Discount | Volume 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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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 |
Updated Today at 12:00 AM
Time Horizon | Price Change |
---|---|
1 Week Trend | +$0.129 |
1 Month Trend | +$0.020 |
1 Year Trend | -$0.816 |
Updated Today at 12:00 AM
Date | Average 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 |
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
Fuel | Newark Households | % of Households |
---|---|---|
Natural Gas | 87,201 | 73.8% |
Electricity | 20,190 | 17.1% |
No Fuel | 4,193 | 3.6% |
Heating Oil | 3,932 | 3.3% |
Propane | 2,803 | 2.4% |
Other Fuels | 1,025 | 0.9% |
Solar | 32 | 0.0% |
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%)
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)
Year | Heating Oil Households |
---|---|
2011 | 10,129 |
2012 | 9,412 |
2013 | 8,265 |
2014 | 8,017 |
2015 | 7,571 |
2016 | 6,759 |
2017 | 6,029 |
2018 | 5,191 |
2019 | 4,454 |
2020 | 4,070 |
2021 | 3,909 |
2022 | 3,932 |
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.
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 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.
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
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 Households | Newark, NJ Heating Oil Households |
---|---|
118,140 | 3,932 |
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.
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