November 23, 2017
Business Latest News | Poll Questions | Charlie Rose | North Korea | Sexual Harassment

Maine heating oil prices drop 2 cents

The Associated Press
Toby Talbot | AP | BDN
Toby Talbot | AP | BDN
Heating oil is delivered to a New England home.

AUGUSTA, Maine — Maine’s average heating oil cost has dropped slightly over the past week as temperatures remained unseasonably warm.

Maine energy officials say the average price in Tuesday’s oil dealer survey was $3.57 per gallon, which is down 2 pennies from last week.

Ken Fletcher of the Governor’s Office of Energy Independence and Security said prices probably will rise regardless of weather because of growing consumer confidence. That’s expected to boost energy demand in the new year.

The highest prices in the survey were in the north at $3.80 and the lowest prices were $3.20 in southwestern Maine.

Have feedback? Want to know more? Send us ideas for follow-up stories.

You may also like