New York heating oil price history
By season: average and peak $/gal
2021-22avg $3.34 / peak $5.21
2022-23avg $4.61 / peak $5.78
2023-24avg $4.05 / peak $4.41
2024-25avg $3.88 / peak $4.32
2025-26avg $4.18 / peak $4.49
cyan = season average. ember = peak week.
New York all-time high
New York's post-2020 peak was the 2022-23 season at $5.78/gal, driven by the Russia-Ukraine distillate shortage. The 25-year nominal high was 2008, around $4.50/gal in New York residential.
vs PADD1A
New York tracks PADD1A within ±$0.15/gal across seasons. 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: 2026-03-30NYMEX HO settled: 2026-07-13EIA next release: 2026-10-05