Heating Oil Reaches Record Levels
As if buying a home in Massachusetts wasn't already expensive enough, living in one with oil heat will cost you more over the winter.
The Boston Globe reported November 7, 2007 that the average price of heating oil in Massachusetts jumped 14 cents a gallon in a week, rising to a record $3.05 a gallon.
"This week, a Division of Energy Resources survey of full-service dealers found prices ranging from $2.80 a gallon to $3.30 a gallon."
The average price per gallon was 70 cents more expensive than it was last year at this time. That means filling a typical 275-gallon heating oil tank at the average statewide price would be $838.75, or $192.50 more than the same time last year.
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