Maine Heating Oil Prices Soar Amid Iran War
Portland Maine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Heating oil prices in Maine have surged by over 40% since the Iran war began, with a gallon averaging $5.40 statewide and $5.50 in Greater Portland. Kerosene prices have also risen by over 30% to an average of $6.29 statewide and $6.81 in Greater Portland. Maine, heavily reliant on home heating oil, is experiencing a historic price spike and volatility. With cold weather approaching, families are feeling the impact as winter heating needs increase. Prices can fluctuate daily due to global crude market uncertainties. Help is available through the Home Energy Assistance Program and the Energy Crisis Intervention Program. Monitor local prices as the season progresses.
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