The price of kerosene heating oil varies throughout the United States. As of August 2015, the cost of kerosene in Maine was $2.90 per gallon, but the price reached $3.30 per gallon in New York State.Continue Reading
Demand is the number one factor affecting kerosene prices. In North Carolina, demand for kerosene is low, with more homeowners making the switch to natural gas. Because of this lesser demand, the price for kerosene continues to creep up.
In the Northeast, supplemental shipments of oil can come from as far away as Europe, taking two to three weeks to arrive. During this period, prices can rise quickly due to consumer concern about finding oil but level out once a delivery is received. Very cold weather can cause an increase in the price of kerosene fuel, making it more expensive than oil.Learn more about Heating & Cooling