Mainers hit again with higher fuel prices this week
The average cost of heating fuel in Maine continued to climb this week, fueled primarily by price speculation ahead of a second round of U.S. economic sanctions against Iran scheduled to take effect Nov. 4.
The statewide average heating oil price of $2.96 per gallon on Tuesday is up 8 cents per gallon compared to last Monday, said Lisa Smith, senior planner for the Governor’s Energy Office. And the Oct. 2 price of $2.88 per gallon was up 8 cents from the previous week.
The highest price for heating oil this week was in eastern Maine along the midcoast and slightly north, at $3.32 per gallon.
The average price of propane also rose 5 cents per gallon this week at $2.82 compared to $2.77 per gallon last week.
Kerosene’s average price is up 10 cents to $3.55 Tuesday compared to $3.45 on Oct. 2.
The governor’s office surveys about 55 fuel retailers and dealers throughout the state to calculate the average price.