State of Maine residential heating oil survey: 1995--1996 season summary
In Maine the cash price is surveyed, as opposed to lthe retail or charge price, as it has been identified as the price most often paid by Maine consumers. As one can see from the chart in this report, the 1995-1996 cash prices for No. 2 heating oil can be characterized as having an upward trend and much more fluctuation than last years` relatively flat line. The 1995-96 heating season started at the closing price of the previous season and for the first few weeks prices were lower than most of the 1994-95 trendline. When the weather became cooler, however, prices were on a steady incline until well into the winter. Prices leveled off for most of the rest of the season with a dramatic surge on the last week of the survey. The average statewide cash price for No. 2 heating oil this year was .861 1 cents, approximately ten cents higher than the average for 1994-1995 which was .7661 cents per gallon. It has been the observation of the SPO that during most of the 1995-1996 season, Maine`s prices showed a direct correspondence with New England rack or wholesale prices. It appeared that they never fluctuated more than 3-4 cents from each other.
- Research Organization:
- Maine State Planning Office, Augusta, ME (United States)
- Sponsoring Organization:
- USDOE Energy Information Administration, Washington, DC (United States)
- DOE Contract Number:
- FC01-91EI22786
- OSTI ID:
- 417611
- Report Number(s):
- DOE/EI/22786-T5; ON: DE97000966; TRN: 97:007223
- Resource Relation:
- Other Information: PBD: May 1996
- Country of Publication:
- United States
- Language:
- English
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