Everyone’s complaining about the price of gas. And rightfully so.
But have you seen the price of heating oil lately?
For at least the last two weeks, one of the more popular local heating oil vendors in Schuylkill County has been charging $5.49 per gallon.
That’s an unwelcome number at any time but especially when the price of literally everything else consumers consume is through the roof, too.
Heating Oil Price in Schuylkill County at $5.49 Per Gallon
And consider this price is for now, when demand for heating oil is at a minimum. If the economic tide doesn’t turn before the cold weather sets in, Schuylkill County residents who rely on No. 2 heating oil in their homes could be looking at an expensive or frigid winter.
A lack of production and increased global demand for liquid heating fuel is driving up cost, experts say. And it’s unlikely that prices will be going down in the near future.
The US Energy Information Administration (EIA) tracks heating oil prices from October-March every year, so there’s no recent data on the skyrocketing price of heating oil.
The last price EIA recorded was back on March 28 when the average price for a gallon of heating oil in Pennsylvania was $4.95. At the end of February, heating oil cost $3.87 a gallon. And at the end of January, the price was $3.47 a gallon.