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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.

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