Monday, August 23, 2010

If the price of gasoline is going down, why is the price of home heating oil going up?

Seasonal supply and demand, primarily. In winter people drive less and use more home heating oil.If the price of gasoline is going down, why is the price of home heating oil going up?
Different oils?If the price of gasoline is going down, why is the price of home heating oil going up?
u jus said it 2 different thing gas %26amp; oil next time ask a smart ? dont be slow all yo life ok
Actually the price of both correlates to the price of crude oil. As of the time I wrote this, the price of gasoline and heating oil before tax was $1.46 and $1.69, respectively. The price of heating oil may be a little higher, especially around this time of year, due to the upcoming winter season.
It's the end of the summer driving season and the beginning of Fall (it starts getting colder).

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