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Heating fuel prices, New Jersey

How much is heating oil in New Jersey?

$4.00 a gallon on average across the 2025 to 2026 heating season, in the weekly survey the EIA runs from October to March. That is 19 cents a gallon above the winter before.

$4.00
Heating oil, 2025 to 2026 average
26 weeks surveyed
Up $0.19
Against last winter
2024 to 2025 averaged $3.81
October
Cheapest month of a season
54 cents below March, across 5 seasons
167 million gallons
Heating oil burned at home
6th of the 48 states that burn any, 2024
The price

Heating oil prices in New Jersey

$4.00a gallon, the average heating oil price in New Jersey across the 2025 to 2026 heating seasonState price

26 weeks surveyed, from a low of $3.78 to a high of $5.87. The last week, ending Mar 30, 2026, came in at $5.84, 46 percent above the season's own average.

EIA surveys heating oil dealers in New Jersey directly, so this is New Jersey's own weekly price.

The closing weeks of a season are not what the winter cost. The last week the EIA surveyed, ending Mar 30, 2026, came in at $5.84, 46 percent above the season's own average, which is why the season leads here rather than the closing week.

The EIA is surveying now. A new residential price lands each Monday through March, and the newest week surveyed ends Mar 30, 2026.

Against other states3rd dearest of the 21 states EIA surveys for heating oil.

Same EIA regionDelaware, Maryland, New York, Pennsylvania

Season by season

Heating oil prices in New Jersey, winter by winter

Each winter is one point: the average of the weeks surveyed, with the band behind it showing how far the price travelled inside that season. The band is usually the more useful half of the picture, because a household buying in November and a household buying in February are not paying the same winter's price. The 2025 to 2026 season came out 10th cheapest of the 12 on record here.

$2.00$3.00$4.00$5.00$6.00$4.0014-1516-1718-1920-2122-2325-26
The season average. The cheapest and dearest weeks of each season. Residential heating oil, New Jersey, by heating season. Source: State Heating Oil and Propane Program, U.S. Energy Information Administration.
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The calendar

When is heating oil cheapest in New Jersey?

Across the 5 heating seasons on record here, October has averaged the cheapest month and March the dearest, a spread of 54 cents a gallon. That is an average of real weeks rather than a forecast: a cold snap or a move in the distillate market can turn any single winter the other way, and a tank that runs dry in January does not get to wait for October.

$3.83Oct$3.99Nov$3.91Dec$4.15Jan$4.35Feb$4.37Mar
What a gallon of heating oil averaged in each month of the season in New Jersey, across the last 5 heating seasons. The bars start above zero so the spread across a winter is readable. Source: State Heating Oil and Propane Program, U.S. Energy Information Administration.
Oil or propane

Is propane cheaper than heating oil in New Jersey?

Per gallon the two prices are not comparable, because a gallon of propane carries about two thirds the heat of a gallon of heating oil. Converted to what a million Btu costs, on each fuel's 2025 to 2026 season average in New Jersey:

New Jersey, the 2025 to 2026 heating season average
FuelA gallonBtu in a gallonPer million Btu
Heating oilCheaper heat$4.00138,500$28.92
Propane$3.6191,452$39.52

Propane is the lower number a gallon and the dearer heat: a gallon of it carries about two thirds the energy. Heating oil came out 37 percent cheaper per unit of heat, a gap of $10.60 per million Btu. Conversion factors from the British thermal units, U.S. Energy Information Administration.

Appliance efficiency is the piece this does not cover, and it can be worth more than the price gap: the same gallon in a newer burner buys more heat. Switching fuels means new equipment, so for most households this is a comparison of what they are already paying rather than a decision to make this winter.

Propane in New Jersey$3.61 a gallon across the 2025 to 2026 season.State price

Who burns it

How much heating oil New Jersey homes burn

New Jersey households burned 167 million gallons of heating oil in 2024, 6th of the 48 states that burn any. That is 19 percent down on 2015, 9 years earlier. Consumption is the half of this story a price cannot tell: it is what decides whether a state has a dealer on every road or one that drives an hour.

206M1517192123167M24
Millions of gallons of heating oil burned by New Jersey households a year. Source: State Energy Data System, U.S. Energy Information Administration.
A round cellar furnace with wide ducts branching from its top like arms, an oil burner bolted to its base, lit by a single bulb
An oil burner fitted to a gravity furnace in a Snow Hill, Maryland cellar, photographed for the Historic American Buildings Survey. The burner is where a gallon of heating oil ends up, and its size is why a cold week shows on the bill. “Octopus-style-heating-furnace-Snow-Hill-Maryland-USA” by US National Park Service, photographed by John O. Brostrup, Public domain

New Jersey heating fuel questions

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Prices from the State Heating Oil and Propane Program, U.S. Energy Information Administration (heating oil series), compiled 2026-09-22; the newest week shown ends Mar 30, 2026. Household consumption from the State Energy Data System, U.S. Energy Information Administration, 2024. The EIA figure is a residential price averaged across dealers in the survey area, so an individual quote, a pre buy contract or a delivery minimum will read differently. Every state is in the heating fuel prices by state table.