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Oil prices decreasing, folks in Maine may see savings

Oil prices decreasing, folks in Maine may see savings

| July 29, 2015

According to the Organization of Petroleum Exporting Countries, the price of crude oil has dropped by almost 50%. “The Saudi’s are still holding their production levels high, there’s some speculation that the Chinese economy is not as strong as it used to be,” said Jamie Py, President of the Maine Energy Marketers Association. “And you […]

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Heating Prices

Heating Prices

| January 19, 2015

PORTLAND, Maine (AP) – The lowest heating oil prices in six years are giving an unexpected boost to New England’s economy. Officials say families using oil to heat their homes can expect savings of $1,200 to $1,500 on average this year based on lower prices for heat and transportation fuel. Across the region, cheaper heating […]

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Heating Prices

Heating Prices

| January 14, 2015

A Maine government survey says the average statewide cash price for heating oil dropped 8 cents in the past week despite rapidly dropping temperatures. The Governor’s Energy Office says the average price was $2.63 a gallon, according to the Jan. 12 survey. The average kerosene price of $3.24 was also 7 cents lower than last […]

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Heating Prices Down Again

Heating Prices Down Again

| June 9, 2014

Augusta, Maine – The Governor’s Energy Office (GEO) conducted its weekly heating fuel price survey on Mondayand found the current statewide average cash price for No. 2 heating oil was $3.51 per gallon, down three cents from earlier this month. The average statewide price for kerosene decreased two cents in the last two weeks, to […]

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Heating Oil Down 4 Cents

Heating Oil Down 4 Cents

| April 8, 2014

PORTLAND, Maine (AP) – The Maine Governor’s Energy Office reports that the statewide average cash price for heating oil has dipped 4 cents to $3.67 per gallon. The office also reported that the average statewide propane price was down 13 cents to $3.27 per gallon and kerosene dropped three cents to $4.14 per gallon in […]

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