At the start of the winter heating season, the retail price of home heating oil in the United States climbed rapidly, establishing a new record toward the beginning of November. The price of propane was slightly above the previous five-year (2017–2021) average at the beginning of the heating season. Since then, the price of home heating oil has fallen while the price of propane has remained flat. After adjusting for inflation, the national average price for home heating oil was $4.73 per gallon (gal) on October 3, 2022, the beginning of the winter heating season. By November 7, the national average price had climbed ... (full story)