News

Heating Prices Dip as Cold Weather Eases, Markets in Flux

Heating Prices Dip as Cold Weather Eases, Markets in Flux

Photo: 560 WGAN Newsradio


AUGUSTA, Maine (AP)   The Governor’s Energy Office says the price of heating oil in Maine has dipped as cold weather eases.

The statewide average cash price for No. 2 heating oil was $2.73 per gallon this week. The office says that is 22 cents less than it was at the end of January.

The statewide price of kerosene has dipped slightly to $3.38 cents. Propane prices have remained steady at $2.82.

The office says global oil prices are in flux after rising to prices not seen in years: between $65 and $70 per barrel in January. Such prices are now in the $63 to $66 range.

The state found the highest heating oil price was $3.00, while the lowest was $2.39.

The figures reflect a March 15 survey.

Latest Headlines

6 hours ago in Local

Mt. Desert Island officials raise alarm over potential impact of government shutdown on local economy

If Congress can't come to an agreement over the budget by the end of Tuesday, at least a partial shutdown will occur that'll limit operations by federal agencies like the National Park Service, potentially shutting down Acadia National Park.

19 hours ago in Local

Pair of men involved in Saco drive-by shooting plead guilty

Two Massachusetts men are pleading guilty to several charges in a drive-by shooting in Saco last year

19 hours ago in Local

Standoff at Peru home ends with death of suspect

A man accused of causing a standoff with police in the town of Peru was found dead.

1 day ago in Local

Long Running Pie Contest Draws Big Numbers at Cumberland Fair

All proceeds from the Pie Contest are going to benefit the Cumberland Food Pantry.

1 day ago in Local

Collins Lone Republican to Criticize Job Cut Threat During Gov. Shutdown

A memo this week instructs agencies to use the shutdown as an opportunity to reduce their work forces.