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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.

 

 

To read the rest of “Mainers hit again with higher fuel prices this week,” an article by contributing Bangor Daily News staff writer Lori Valigra, please follow this link to the BDN online.

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