Long Island Home Heating Oil Prices Surge to Record Levels
1 report, 1 independent
Updated Sep 22
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Home heating oil prices on Long Island averaged $6.24 a gallon last week, according to state figures. This price point represents a 62.3% increase from the average price of $3.84 a gallon recorded at this time last year. The average price of $6.24 a gallon also surpassed the previous high of $5.84 recorded the week before.
From newsday.com
Why it matters
The price increases are occurring before the winter heating season is fully underway. These record high prices could impact the nearly 400,000 Long Islanders who rely on oil for home heating.
From newsday.com
Who's involved
- Long IslandLocation experiencing soaring home heating oil prices