While heating oil prices are hitting uncomfortable highs, they will always fluctuate in some capacity. When prices are moderate and stable, most people are just glad their bills are kept lower. But when prices spike—like they have this year—consumers want to know what influences heating oil prices, and why they are what they are.
We know high heating costs are frustrating. And we know how important it is for you to have a dependable source for heating oil delivery that won’t break the bank. We will always do our best to keep prices fair and transparent, and we strive to deliver great value and ways to help manage costs even when prices aren’t as low as we’d like.
There are four main factors that affect the price of heating oil.
For the past year, the war in Ukraine has played a role in contributing to global prices, but it’s not the whole story.
And, in areas like the northeast, supplies may be coming from much farther away, which takes longer and costs more. This increases anxiety about short-term supply and drives prices higher.
If you use heating oil in your home, you already know it’s a great value. Clean-burning and efficient, it provides steady, reliable heat energy at an affordable price. And as a PitStop Propane and Fuels customer, you understand that value isn’t just about rock-bottom prices. Real value comes from dependability, quality fuels, convenience, and personal service.
We add value for our customers with free and convenient services like our free automatic delivery service which eliminates the need to monitor your tank levels. We even offer wireless tank monitoring that keeps you in the know about your fuel levels 24/7/365…accessible right through your smartphone!
We also offer plenty of options to help you manage costs no matter what happens with prices or how cold it gets. While enrollment in these plans is closed for the 2022-2023 heating season, mark your calendars for the upcoming summer when we’re able to offer them once more:
When you’re looking for a heating oil provider for your home or business, you want a company that puts customers first. That inherently means offering fair, transparent pricing, but it also means offering true reliability, with products and services designed to make your life easier all the way around.
To learn more or become a PitStop customer, contact us today. We’d love to have you join our family of customers here in Southern Maine!