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How Much Does It Cost To Heat With Oil?

cost to heat with oil

When looking for a new house, you may have different fuel types to choose from. Some houses are heated with oil, some with propane, and some with natural gas. Smaller houses and condos often have electric heat, which can be the most expensive. For new construction, there are also electric heat pumps and geothermal options, but these are not very common. In this post, we’ll speak to the cost of heating with oil, which may surprise you!

Houses in New England are primarily heated with oil, propane, or natural gas. If natural gas is available on the street, that is often the most cost-effective choice. Oil heat tends to be the second most cost-effective, followed by propane. Check out this article on choosing between oil and propane: Heating Oil vs. Propane: What your Propane Provider Wont’ Tell You.

How Heating Oil Is Stored

Oil heat is very popular in the Northeast. Oil burns hotter than propane and natural gas, and is not combustible at room temperature. As a result, it is a very economical fuel for heating your home.

When considering buying an oil-heated home, you’ll want to figure out where the oil tank is located. An oil tank is most often inside the home’s basement or garage. This is the best case scenario, as the tank will be shielded from the elements.

If a tank is located outdoors, you will want to make sure the tank is inspected for rust or an unstable footing. An outdoor oil tank leak can be very expensive to remediate. Lastly, the tank may be underground. If the oil tank is underground, we would recommend having the tank removed and replaced with an indoor tank as soon as possible.

An indoor oil tank like the one shown here is ideal. It is well-protected from the elements and will last many decades.

Scheduling An Oil Delivery

Since oil is stored in a holding tank, it must be replenished when the tank is low. There are two ways of managing oil deliveries: automatic delivery and will-call.

Automatic Delivery: Automatic delivery is a service you can sign up for with one particular oil provider. The oil dealer will estimate when your tank is low and send the truck automatically. Expect to pay approximately $0.50 per gallon more for automatic delivery.

Will-Call: Will-call oil delivery means you ‘will call’ when your tank is low. This puts the onus on you as the homeowner to keep track of your tank level. However, you can save a lot of money by only ordering oil as needed. There are also many tools, such as the Smart Oil Gauge to track our tank from your phone and sites like FuelSnap to compare oil prices in your area.

A Smart Oil Gauge will show you how much oil you have in your tank. You can then shop for heating oil right in the app to make sure you’re getting the best deal on heating oil.

How Much Oil Does a House Use

The average house in the Northeast uses approximately 880 gallons of heating oil per year. The amount you’ll use in your home depends on a variety of factors. These include the size of the house, insulation quality, whether you’re using oil for hot water, etc.

Use this guide here to determine exactly how much heating oil your house will use.

How Much Does Heating Oil Cost Per Gallon

Heating oil prices have been very volatile these past few years. At the start of COVID, prices dropped to as low as $1 per gallon. When Russia invaded Ukraine, however, prices spiked to as high as $6 per gallon.

One of the benefits of heating oil is that you typically only need to fill up a handful of times per season. As such, many homeowners were able to run their tanks low during the high-price months, and refill when prices came back down. This would not have been possible on automatic delivery.

Heating oil prices as of this writing on January 13, 2023 range from a low of the mid $3 per gallon range to a high in the mid $4 per gallon range.

Prices are mostly below $4 per gallon in the Northeast as of mid-January, 2023.

At $4 / gallon, and 880 gallons per year, the average home would cost about $3,520 to heat. Broken down into a six month heating season, this would represent a monthly cost of about $586.

Heating oil prices will hopefully come back down to below $3 a gallon as they had been before 2022. At $3 a gallon, an average home will cost approximately $2,640 per year to heat, or $440 a month for the six month long heating season.

Happy heating,

Steve

Heating Oil Trends: 2022

heating oil trends 2022

What a year it has been for heating oil. As we round out 2022, heating oil prices are up 3.8% since last week, to an average low price of about $4.10 a gallon in the Northeast.

Looking back at the year, we started 2022 at around $2.86 a gallon. Prices skyrocketed with Russia’s invasion of Ukraine, and reached a high of nearly $6 a gallon in May. If you were on automatic delivery during this time, you likely saw prices well north of $7 a gallon as dealers were facing major cash flow issues and had to make up for it any way they could.

Heating oil prices ranged from $2.86 a gallon to start the year, to a high of nearly $6 a gallon in May. Prices briefly spiked again in October before settling down to the $4 a gallon range by the end of December.

Some Dealers Went Out Of Business

We also saw some smaller oil dealers suddenly go out of business during that time, as they didn’t have enough cash in the bank to refuel their trucks at the terminals when the prices jumped.

Fortunately, prices were at their worst toward the spring time so most of us were able to forego a delivery during this time.

We saw a nice gradual decline through the summer months, to a recovery point of about $4.00 a gallon to start the fall heating season. But suddenly the Northeast was faced with a major supply issue. Dealers were showing up at the terminal only to find out there was no oil to be had.

The problem was there was a huge disconnect between the spot price of oil (what the dealer pays to fill the truck that day), and the futures prices. The prediction was that prices were going to drop precipitously (and they did!). This led to everyone from the ports to the terminals being super hesitant to stock up on oil. If they filled up their storage tanks one day, and the price dropped by a dollar a gallon the next day, they’d suffer major losses. This artificial supply constraint caused spot prices to spike even further, before eventually settling down.

Fortunately, we saw a major recovery in the last 6 weeks of the year, and prices are at a somewhat manageable $4 a gallon right now.
Prices are hovering around the low $4 a gallon range as we round out 2022.

A Volatile Year For Heating Oil

2022 was an unusually volatile year, to say the least. It’s too early to say if we’re in the clear for the rest of heating season, but we’ll continue to monitor prices as we head into 2023, and hopefully have good news to share in the coming months.

In the meantime, if you want to closely monitor your tank levels, we highly recommend the Smart Oil Gauge. Keep track of exactly how much oil you are using at home. And when prices spike, see how long your tank will last before you need to refill. It saved many of us hundreds of dollars this year as we were able to let our tanks get very low knowing exactly how many gallons we had left.

Happy heating,

Steve

Using Amazon Alexa with your Smart Oil Gauge

echo smart oil gauge

If you have a Smart Oil Gauge, chances are it’s not your only smart home device. For the Amazon Echo users among us, we’ve got an Alexa skill to use with your Smart Oil Gauge. Read along to set up Alexa to work with your Smart Oil Gauge!

The Echo Dot, shown here, is one of the many Amazon devices that can communicate with your Smart Oil Gauge.

Linking Alexa with your Smart Oil Gauge Account

Connecting your Smart Oil Gauge account with your Amazon account is simple.

  1. Open your Amazon Alexa app on your phone.
  2. Click More in the bottom right, then Skills & Games
  3. Search for Smart Oil Gauge by clicking on the magnifying glass in the top right.
  4. Link your account by logging in with the email address and password you used for your Smart Oil Gauge account.

What to Ask Alexa

You can ask Alexa various questions about your oil tank. Since your Smart Oil Gauge takes readings all throughout the day, it knows quite a bit about your heating oil consumption!

Start off by saying: “Alexa, ask Smart Oil Gauge how much oil we have”.

Then, once Alexa answers, follow-up with: “When will we need oil next?”

Alexa will give you an estimated countdown of days until you’ll be at a quarter of a tank and therefore due for a fill-up.

With the Smart Oil Gauge skill linked, you can ask Alexa how much oil you have or when you’ll need oil next.

The Best Way To Manage Your Home Heating Oil

There is no better combination than a Smart Oil Gauge, coupled with FuelSnap and Alexa. You can also know exactly how much oil is in your tank without taking a trip to the basement. Alexa will tell you how many gallons of heating oil you’re using, and when you’ll need to order oil next.

And with FuelSnap, you can quickly shop for heating oil right through the Smart Oil Gauge app. Get the best prices for heating oil near you and order oil in seconds.

Happy heating,

Steve

Low on Heating Oil? How Long Until a Runout

heating oil 101

The temperature in the Northeast has gone from the low 70s this weekend, to the high 20s today. The heat is on, and it’s time to check those heating oil tanks.

With heating oil prices at near record highs, it can cost over $1,000 to fill up a typical oil tank. This may have you wondering: how long until I run out of heating oil?

With heating oil prices north of $5 a gallon, you may be tempted to wait until the last possible day to order heating oil. Just be careful not to let your tank get too low, as this may cause issues with your heating system.

How Much Heating Oil Does A Tank Hold?

A typical oil tank has a nominal capacity of 275 gallons, and can hold about 250 when full. That said, we don’t recommend letting the tank get too low. After several years (heating oil tanks often last decades), sludge can build up and settle at the bottom of the tank.

If you let your tank get below 1/8 full, you could start to stir this sludge around. At this point, the sludge can get sucked into the burner lines, causing a clog and a no-heat condition. This is a big problem that must be dealt with right away.

With this in mind, the usable capacity of the tank is only down to about 1/8 full. For a 275 gallon tank, that’s about 35 gallons. DO NOT LET YOUR TANK LEVEL FALL BELOW 1/8 (35 GALLONS). This can result in sludge being sucked into the lines and your burner shutting down.

As a result, a 275 gallon oil tank only has about 215 usable gallons inside.

A 275 gallon tank – shown here – is by far the most common oil tank size. It measures 5 feet long. A 330 gallon tank looks the same, but measures 6 feet long.

How Long Does A Tank Of Oil Last?

Knowing the size of your tank, and the usable number of gallons, allows us to figure out how long the tank will last. The next question is how much heating oil your house requires. Refer to this article here for a detailed look at how much oil your house uses.

In the winter time, the primary use of heating oil is for heating the air in your house (it can be used for hot water in the summer months). A typical home will use between 2 to 7 gallons of heating oil per day depending on the outside temperature.

With 215 gallons available, and an average usage of 5 gallons a day, a full tank will last about 43 days. Of course, this can change dramatically with a major winter storm or extreme cold.

Use this chart to estimate how much heating oil your house will use during the winter. If your house is not very energy efficient, you can expect usage of 2 to 3 times these amounts shown here.
While this is true for most homes, your personal situation may vary based on a variety of factors, including thermostat settings, insulation, etc.

Avoid a Runout: Reorder at a Quarter

Now that you have an idea of how long a tank of heating oil will last, you should be better equipped to avoid a runout.

A rule of thumb to live by is: reorder at a quarter of a tank. This will ensure your delivery company has plenty of time to deliver heating oil to you before your tank gets down below 1/8 full. You can always order heating oil online, or better yet, install a Smart Oil Gauge. The Smart Oil Gauge will automatically alert you when your tank gets low.

Happy heating,

Steve

p.s. If you are already out of oil, check out our What To Do If You Are Out of Oil checklist here!

Heating Oil Inventories At Historically Low Levels

heating oil prices

If you have not heard the news, things are not looking great for the oil industry right now. With what has happened in Ukraine, the world is struggling to manage the oil supply. In 2022, oil prices have skyrocketed. Further, OPEC+ has decided to cut production in anticipation of a recession. The result? Crazy high prices, and scarily low inventory levels.

Heating Oil Prices As Of October, 2022

As we finish October, 2022, residential heating oil prices are ranging from just under $5/gallon, to nearly $6/gallon in the Northeast. Put another way, heating oil prices are up 80% over this time last year!

A look at residential heating oil prices in the Northeast. We are seeing prices range from around $5/gallon to a high of just under $6/gallon.

An Underlying Inventory Problem

One of the challenges that is not getting nearly enough attention is inventory. Heating oil inventories are at record low levels in the Northeast. I have spoken to several oil companies who are having trouble filling their trucks up at the terminals. They are often arriving at a terminal to refuel, only to be sent away with an empty truck because there is no oil available.

Why are heating oil inventories so low? The problem has to do with a very unusual disconnect between current “spot” pricing and futures pricing. There is always some difference between the two depending on anticipated demand, etc. But right now, the spot price (what dealers pay if they fill up their trucks today), is in the high $4/gallon range. The futures prices for November, on the other hand, show oil in the high $3/gallon range.

If the market is forecasting oil prices to drop by a dollar a gallon in the next few weeks, it is very risky for an oil company to stock up on oil now. As one dealer who I interviewed put it:

“There’s a big problem with futures pricing right now. The price we pay today (in October) is nearly $5/gallon, but the contracts for a month out are over a dollar less. As a result, there’s a huge financial risk to us if we stock up on oil now and the price drops a dollar – we’ll lose money on our entire inventory”. ~Mark T. – Owner of four heating oil companies

The current sentiment is that heating oil dealers and wholesalers are having a hard time justifying oil purchases. If the price drops in the coming weeks, they could lose a lot of money.

Diesel Supplies Are Low Too

According to the EIA, diesel supplies could run out in the next 25 days if inventories are not replenished. This would cause the entire economy to come to a grinding halt. Imagine if trucks did not have enough fuel to deliver goods as we head into the holiday shopping season? Since diesel and heating oil are virtually the same, we could see homeowners having a hard time managing their own supply as well.

Keep an eye on those oil tanks, and consider maybe having a little more oil on hand in your own tank as we head into cold season.

Happy heating,

Steve

How Accurate Is The Smart Oil Gauge?

oil tank with smart oil gauge

If you’ve got a big old heating oil tank in your basement, you’ll want to know the level every now and then. The Smart Oil Gauge provides tank readings right to an app on your phone. It uses an ultrasonic sensor to measure the level in the tank. So you may be wondering, how accurate is a Smart Oil Gauge? We’ll break down how it works and how accurate it is here.

What is a Smart Oil Gauge?

The Smart Oil Gauge® is a WiFi heating oil tank gauge. It uses an ultrasonic sensor to measure the level in the tank, then reports this level to an app. The device relies on WiFi in the house to send readings up to the cloud, then the homeowner can see the level from anywhere in the world.

The Smart Oil Gauge threads into the top of the tank and uses an ultrasonic sensor to measure the oil level in the tank. The level is displayed in an iOS or Android app as shown here.
The Smart Oil Gauge is installed directly into the top of the tank as shown here.
Once the Smart Oil Gauge is installed, it is tightened in with a pipe wrench to ensure the sensor gives an accurate reading.

How Accurate Is The Smart Oil Gauge?

The Smart Oil Gauge is very accurate when the tank gets low. The one limitation is at the very top of the tank. In the top 8″ of the tank, the oil level ends up too close to the sensor to get a good reading.

The sensor in the Smart Oil Gauge works just like a backup sensor in a car. It sends out a sound wave and then records how long it takes for that pulse to return to the sensor. The sensor has a minimum operating range of 8″. The maximum operating range is approximately 72″.

Smart Oil Gauge Accuracy Depends On Tank Geometry

The sensor tends to work best on vertical tanks. The pictures below depict the operating range for the sensor for the most common tanks. When the oil level is above the max level, you may get false readings from the sensor.

275 Vertical

275 Horizontal

330 Vertical

330 Horizontal

Roth 1000 L

Tank Readings After A Fill

If you keep the oil level within the operating range of the sensor, you should always get reliable readings from the Smart Oil Gauge. These readings may vary by up to a few gallons from tank to tank. The reason for this is that tank dimensions can vary slightly from one tank manufacturer to the next. You can also see differences due to air temperature and humidity.

If you have your tank ‘topped off’, the oil will likely be in the top 8″ and outside of the sensor’s operating range. If this happens, just wait a few days (during the winter time), or weeks (in the summer time) for the level to drop down. At that point, the readings should be correct again. For more information on tank readings after a fill, check out this detailed article here.

Happy heating,

Steve

How Much Heating Oil Should I Order?

One of the benefits of heating oil is you can order heating oil on your own terms. With oil heat, you can keep track of your tank level and only order oil as needed.

It does beg the question though: how much heating oil should I order? In this post we’ll break down things to consider including tank size, price per gallon, and more!

Oil Tank Sizes

Oil tanks range from 138 gallons on the low end (very rare), to 2000 gallons on the high end (also very rare). Most homes feature one oil tank that is either 275 gallons or 330 gallons. Depending on the size of your house, a single tank of oil may last a whole season, or as little as two weeks in the winter.

Steel tanks are generally oval-shaped and range in capacity from 138 gallons to 330. Occasionally you will see these tanks plumbed together, doubling the capacity for the installation.

Oil Tank Capacity

Oil tank sizes are just one part of the equation: you must also understand the oil tank capacity. Since an oil tank requires an air space at the top (to prevent the tank from being over-filled), it can only hold about 85-90% of its nominal capacity.

Use this chart to determine how much oil your tank can hold and how much to order when the tank is low.

Reorder at a Quarter to Prevent a Runout

When considering how much heating oil to order, the most important consideration is that you do not run out of oil. If you are out of oil, follow these steps here.

Reorder oil at a quarter of a tank to help ensure there is enough to for the delivery company to get to your house before you run out of heating oil.

Reorder heating oil at a quarter of a tank to prevent a runout.

Order More Oil To Get a Discount

In most areas, 100 gallons is the minimum order amount. It is quite expensive for the delivery company to deliver to your house. By requiring a minimum of 100 gallons, the company can ensure they do not lose money on the delivery. If you would like fewer than 100 gallons, expect to pay a steep premium.

Price breaks are often available at 100, 150, and 200 gallons. As a result, we recommend ordering 150 gallons or more to get a great price.

Just refer to our tank charts to ensure you have the capacity to take delivery of 150 gallons. If you order more oil than your tank can hold, you will likely end up paying a higher price per gallon.

Track Your Oil Tank With a Smart Oil Gauge

A Smart Oil Gauge will allow you to track your oil level, and know how many days until you are at 1/4 tank.

With a Smart Oil Gauge, you’ll not only know how much oil is in your tank, but also how much it can hold.

Check heating oil prices right in the app, and click the Fill button to see how many gallons the tank will hold.

How Much Oil Should I Buy While Prices are High?

We certainly don’t have a crystal ball when it comes to oil prices. That said, we’ve been tracking oil prices all year and you can do the same. If you are betting that oil prices will come down soon, I would recommend only ordering 100 gallons at a time. This will limit your exposure if prices fall. Just remember, prices can and often do go the other way! So keep an eye on your tank level to make sure you don’t run out of oil.

Happy heating,

Steve

Heating Oil Prices Declining July 2022

heating oil prices july 2022

Some good news to share on the heating oil front: prices are down about 13% since this time last month. It appears the supply constraints are starting to ease off in recent weeks.

While heating oil prices are trending down, the rack prices are trending down even further. In this post we’ll break down why prices that homeowners pay are not as quick to change as we’d hope.

Current Heating Oil Prices in the Northeast

Prices as of July 14, 2022 range from a low of $4.32 a gallon to a high of $5.50 a gallon. The price discrepancies are primarily due to location. In areas with many terminals (where the dealers fill their trucks), prices tend to be lower. You’ll also see lower prices where there is lots of competition. Long Island, for instance, tends to have the best pricing in the winter months because there are so many heating oil dealers there.

In the summer months, there is less competition on Long Island as many of the oil company owners have other businesses that they operate in the off-season.

Heating oil prices range from $4.32 to $5.50 as of July 14, 2022.

Rack Prices Have Declined Steadily This Month

After a dramatic climb in March and April after Russia invaded Ukraine, we’re finally starting to see some relief. Since June, we’ve seen rack prices drop off quite a bit. What do we mean by rack price? Rack price is the price that heating oil dealers pay for their heating oil. They then mark up the oil to cover the costs of delivery (truck, fuel, driver), as well as fixed costs to run their business (overhead, insurance, rent, etc.) and of course, some profit to keep.

A typical heating oil truck holds about 2,500 gallons of fuel. At a rack price of $4.00 per gallon, this represents about $10,000 in oil (at cost) that a truck will hold. With an average margin of about $0.50 per gallon, this dealer will sell this oil for about $11,250.

If rack prices drop to $3.50 a gallon before this dealer sells the 2,500 gallons that were just purchased, they may have a problem. They can’t just sell the oil for the new market price of $4.00 ($3.50 rack price + $0.50 margin), because they won’t make any money whatsoever. But if somebody else is restocking that day, he or she may be able to sell at $4.00. In the winter months when there’s plenty of demand for heating oil, prices tend to move quite quickly.

In the summer months, especially when prices are this volatile, heating oil dealers almost all ‘take their time’ in lowering prices because of the inventory they already own. This keeps them from losing money on the oil they already own and also tends to smooth out the fluctuations that are seen in the rack price.

Should I Buy Heating Oil Right Now?

We don’t have a crystal ball, but we can certainly give some useful insights into pricing. Since the first week of 2022, oil prices have risen 57% to date. That being said, they peaked at the end of April / beginning of May, and are now down 15% since their highs.

If you need heating oil for your hot water heater, it would probably be wise to order 100 gallons for now. We will keep watching prices and let you know if things change drastically in the coming weeks.

Happy summer,

Steve

How To Budget For Heating Oil

how to budget for heating oil

It’s a sunny and hot day as I write this, and heating oil is probably the last thing on your mind. That being said, I wanted to plant a seed right now for what to expect for this upcoming heating season.

Since Russia’s invasion of Ukraine, we’ve seen record-high oil prices. In two years, we’ve seen prices rise from $1 to over $6 per gallon! Since there does not appear to be any relief in site, it’s time to think about a budget for this year.

Heating oil prices are mostly in the $5 to $6 a gallon range as of June, 2022. This is up from a low of about $1 a gallon in March of 2020.

How Much Heating Oil Will I Use In a Year?

We’ve written on this topic a few times and the answer is: it depends. Use the table below to estimate your annual heating oil usage. The bigger and older your house, the more oil you’ll use. The less-insulated your house, the more oil you’ll use. And if your hot water heater runs on oil, expect to use an extra 100 gallons or so throughout the summer months.

With that in mind, the average oil-heated home uses about 900 gallons of heating oil per year in a typical winter. To determine how much heating oil you will use, consider a Smart Oil Gauge to track your usage. Alternatively, gather your oil delivery tickets from the past two or three seasons and calculate an average.

The average oil-heated home uses just under 1000 gallons of heating oil per year.

How Much Should I Budget for Heating Oil?

Heating oil over the past several years has hovered around $2.50 a gallon. While it’s seen some dramatic swings (COVID-19 caused prices to drop precipitously when global travel halted), it was quite unusual to pay over $4 for oil in the past 10 years. At $2.50 per gallon, the average home that uses 900 gallons of heating oil would have spent $2,250 per year. Dividing this into the 5 months where the heat is really on (November through March), and it’s safe to budget $450 a month to get through the cold season.

As we head into heating season in 2022, we’re in for a huge change. If prices stay were they are right now, we’ll be paying approximately $5.36 per gallon this winter. As a result, the average homeowner would go from paying $2,250, to paying $4,824 – or more than double what they paid last year!

Instead of budgeting $450 a month from November to March, expect to budget $965 per month for the same period.

Heating oil prices have more than doubled in the past year.

Start Saving Now To Ease the Transition to Winter

One of the best ways to manage the rising prices of heating oil is to plan a full-year budget. While some oil companies offer to do this for you by putting you on a ‘Budget Plan’, you can do this yourself, while still getting the best price possible.

Begin by estimating your heating oil spend for this upcoming year (in this case, $4,824 for the average home in the northeast). Divide this by 10, for a monthly savings amount of $482. Starting in June, beginning saving this amount each month and you should confidently get through the upcoming heating oil season as today’s prices.

Divide your upcoming heating oil expense for this year by 10. Save this amount each month, beginning in June to prepare for heating season.

It’s never too early to start budgeting for this year’s upcoming heating season. While we don’t know where prices will be when the cold hits, we’re hopeful that they won’t get worse. If you start saving today and prices go down, you’ll be way ahead of the curve come January.

Happy summer,

Steve

How Much Heating Oil Should I Order Right Now?

oil prices

If there’s one thing we can agree on right now it’s that heating oil prices are crazy high. I get a lot of texts from friends and family asking for my take on prices, so I thought I’d share my thoughts here.

In the beginning of February, oil prices on FuelSnap averaged $3.30 a gallon. When Putin invaded Ukraine later in the month, prices shot way up. By mid-March they averaged $4.79 a gallon, before temporarily dropping off. In April, once the European Union started to commit to reducing their dependence on Russia oil, prices shot up again, to a high average of $5.66 a gallon by the end of the month.

May, fortunately, saw a bit of a drop off, albeit a short-lived one.

The price heating oil was trading at dipped down significantly in Mid-May. Unfortunately, retail prices (what homeowners pay) never dropped as much as dealers owned inventory at the higher prices.

Current Prices For Heating Oil

Prices are currently hovering from a low of $4.99 per gallon to a high of around $6.00 per gallon depending on where you live.

As we head into the summer months, many are asking how much heating oil to order.

First, if you heat your hot water with propane or electricity, you may want to just keep watching prices and wait. If you are below 1/4 tank and rely on heating oil for your hot water, you’ll want to order heating oil soon. I would recommend ordering a small quantity for now. 100 gallons should suffice to get through the summer months. Keep in mind, a hot water heater typically uses between 0.5 and 1 gallon per day throughout the summer.

Heating oil prices are in the $5 to $6 per gallon range in the northeast.

If it were mid-winter, I would recommend ordering as much oil as your tank can hold – especially if your house uses a lot of heating oil.

The benefit of ordering a large quantity of oil is you can often take advantage of 150 or 200 gallon price breaks.

Given it’s just about summer and we have no idea where prices are going to go, I would recommend just getting enough heating oil to get you to fall for now.

Happy Summer,

Steve