heatingoilcostpergallon

New York heating oil price history

5-year seasonal averages and peaks for New York residential. EIA

By season: average and peak $/gal

2021-22avg $3.93 / peak $5.32
2022-23avg $5.02 / peak $6.06
2023-24avg $4.35 / peak $4.86
2024-25avg $3.90 / peak $4.17
2025-26avg $4.29 / peak $5.91
cyan = season average. ember = peak week.

New York peak weeks

Across the five seasons in the table, New York's highest weekly reading was $6.06/gal in the 2022-23 season. The latest EIA reading, $6.32/gal for the week of 2026-11-02, is above every weekly reading in those five seasons. Nationally, adjusted for inflation, the highest calendar-year average since 2001 was 2012 at $5.87/gal in August 2026 dollars (see the 25-year history).

vs the Northeast 8

Across the seasons in the table, New York's season average sits within $0.32/gal of the eight-state mean at its widest. That is the gap against the mean of the states on this site, computed from the table above, not against PADD1A: PADD1A is New England only, so New York and Pennsylvania are not in it. 13% of NY homes heat with oil, concentrated in Long Island, Westchester, and the Hudson Valley. NYC five boroughs still significant.

Cross-references

EIA SHOPP last reading: 2026-11-02NY Harbor ULSD spot refreshed: 2026-11-05EIA next release: 2026-11-12