heatingoilcostpergallon

Rhode Island heating oil price history

5-year seasonal averages and peaks for Rhode Island residential. EIA

By season: average and peak $/gal

2021-22avg $3.75 / peak $5.28
2022-23avg $4.74 / peak $5.88
2023-24avg $4.12 / peak $4.45
2024-25avg $3.68 / peak $3.99
2025-26avg $4.11 / peak $5.81
cyan = season average. ember = peak week.

Rhode Island peak weeks

Across the five seasons in the table, Rhode Island's highest weekly reading was $5.88/gal in the 2022-23 season. The latest EIA reading, $6.21/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, Rhode Island's season average sits within $0.14/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. 27% of RI homes heat with oil. Small state, dealer mix dominated by regional NE chains.

Cross-references

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