Having Our Cake and Eating It Too: How to use your heating oil savings wisely
Updated: August 10, 2017.
Compared to many years ago, the last few heating seasons have shown moderate prices and very little fluctuations. According to the federal Energy Information Administration (EIA), the inventory of distillate oil (which covers heating oil and diesel fuel) is high. As a result, the likelihood of a price spike is quite low. However, the EIA does project a modest price increase of about 20 cents per gallon on average in the US between now and mid-winter.