Residential heating oil prices eased again during the reporting week ending November 5, 2012 while residential propane increased slightly.

The average residential heating oil price was down another penny/gallon week-over to $3.98 -- 11 cents higher than a year ago. Wholesale heating oil prices decreased 12 cents/gallon last week to $3.11/gallon -- 9 cents lower year-over.

The average price of residential propane was higher by 2 cents/gallon to $2.40/gallon -- 41 cents lower year-over. Wholesale propane prices fell nearly 2 cents during the reporting week to an even $1.00/gallon -- 47 cents lower than the same time last year.

Photo credit: jenny downing / Foter / CC BY

Stay tuned to your Inputs Monitor for more home heating pricing action throughout the season. Arm yourself with competitive pricing when you book your heating fuel needs this year, and take the savings to the bank.

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