Nebraska Department of Environment and Energy

Air Water Land Energy

Nebraska Energy Statistics

Average
Wholesale Heating Oil Prices in
Nebraska

Prices are not collected during the off season
(April through September).

chart showing Nebraska's average wholesale heating oil prices for this heating season, the last heating season, 5-year average, and 5-year range

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Nebraska's Average Wholesale Heating Oil Prices
2023/2024
2023/2024 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $3.502 $2.926 $2.582 $2.391 $2.437 $2.691
Second Monday $3.162 $2.809 $2.431 $2.454 $2.860 $2.702
Third Monday $3.564 $2.814 $2.603 $2.458 $2.770 $2.797
Fourth Monday $4.259 $2.723 $2.589 $2.393 $2.594 $2.719
Fifth Monday $3.115 $2.443

Nebraska's Average Wholesale Heating Oil Prices
2001/2002 – 2022/2023
2022/2023 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $3.549 $4.027 $2.980 $3.191 $2.878 $3.039
Second Monday $4.362 $3.738 $2.753 $2.940 $2.986 $2.914
Third Monday $4.303 $3.484 $2.847 $3.170 $2.825 $2.735
Fourth Monday $4.330 $3.101 $3.019 $3.397 $2.914 $2.786
Fifth Monday $4.068 $3.191 

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2021/2022 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $2.552 $2.517 $2.205 $2.418 $2.847 $3.818
Second Monday $2.603 $2.465 $2.326 $2.513 $2.886 $3.590
Third Monday $2.630 $2.417 $2.262 $2.623 $2.823 $3.794
Fourth Monday $2.582 $2.355 $2.402 $2.659 $2.945 $4.072
Fifth Monday $2.360 $2.730
2020/2021 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $1.219 $1.199 $1.542 $1.615 $1.725 $2.126
Second Monday $1.284 $1.363 $1.627 $1.697 $1.844 $2.468
Third Monday $1.289 $1.386 $1.687 $1.694 $1.908 $2.298
Fourth Monday $1.231 $1.455 $1.663 $1.689 $2.008 $2.004
Fifth Monday $1.507 $1.989
2019/2020 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $1.986 $2.008 $2.011 $2.084 $1.667 $1.633
Second Monday $2.011 $2.058 $1.982 $1.957 $1.702 $1.465
Third Monday $1.990 $2.058 $2.012 $1.887 $1.795 $1.272
Fourth Monday $2.028 $2.021 $2.041 $1.755 $1.763 $1.118
Fifth Monday $2.067 $1.164
2018/2019 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $2.508 $2.313 $1.918 $1.791 $1.955 $2.122
Second Monday $2.543 $2.284 $1.911 $1.878 $1.968 $2.126
Third Monday $2.465 $2.191 $1.889 $1.941 $2.118 $2.107
Fourth Monday $2.467 $2.071 $1.756 $1.903 $2.135 $2.116
Fifth Monday $2.433 $1.685

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2017/2018 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $1.922 $2.078 $1.944 $2.084 $2.134 $1.981
Second Monday $1.909 $2.059 $1.965 $2.084 $1.956 $1.978
Third Monday $1.958 $1.993 $1.959 $2.123 $2.007 $2.035
Fourth Monday $1.962 $1.985 $2.002 $2.120 $2.072 $2.143
Fifth Monday $2.008 $2.191
2016/2017 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $1.680 $1.444 $1.621 $1.739 $1.677 $1.652
Second Monday $1.735 $1.397 $1.629 $1.712 $1.671 $1.589
Third Monday $1.667 $1.486 $1.665 $1.688 $1.671 $1.601
Fourth Monday $1.634 $1.504 $1.682 $1.675 $1.680 $1.600
Fifth Monday $1.568 $1.645

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2015/2016 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $1.751 $1.613 $1.296 $1.158 $1.099 $1.292
Second Monday $1.762 $1.598 $1.145 $1.067 $1.104 $1.303
Third Monday $1.608 $1.617 $1.131 $0.967 $1.139 $1.319
Fourth Monday $1.566 $1.480 $1.121 $1.027 $1.127 $1.256
Fifth Monday $1.388 $1.167
2014/2015 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $2.874 $2.471 $1.684 $1.761 $2.028
Second Monday $2.735 $3.177 $2.144 $1.584 $1.932 $1.934
Third Monday $2.966 $2.655 $1.949 $1.554 $2.025 $1.742
Fourth Monday $2.919 $2.731 $1.899 $1.657 $2.010 $1.760
Fifth Monday $1.825 $1.759

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2013/2014 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $3.080 $2.932 $3.132 $2.992 $3.053 $3.204
Second Monday $3.104 $2.955 $3.034 $2.981 $3.100 $3.139
Third Monday $3.063 $2.970 $3.026 $3.000 $3.145 $3.074
Fourth Monday $2.956 $3.165 $3.089 $3.064 $3.166
Fifth Monday $3.116
2012/2013 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $3.355 $3.056 $3.170 $3.070 $3.268 $3.142
Second Monday $3.631 $3.092 $3.034 $3.085 $3.383 $3.211
Third Monday $3.564 $3.181 $3.054 $3.108 $3.383 $3.150
Fourth Monday $3.390 $3.252 $3.106 $3.126 $3.313
Fifth Monday $3.237 $3.091

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2011/2012 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $2.950 $3.331 $3.081 $2.976 $3.182 $3.287
Second Monday $3.061 $3.459 $2.965 $3.115 $3.212 $3.376
Third Monday $3.196 $3.203 $2.887 $3.072 $3.229 $3.404
Fourth Monday $3.220 $3.086 $2.969 $3.038 $3.369
Fifth Monday $3.290 $3.101
2010/2011 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $2.428 $2.372 $2.565 $2.626 $2.808 $3.267
Second Monday $2.426 $2.497 $2.564 $2.632 $2.862 $3.225
Third Monday $2.379 $2.542 $2.566 $2.750 $2.864
Fourth Monday $2.385 $2.457 $2.627 $2.751 $3.099
Fifth Monday $2.461 $2.807

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2009/2010 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $1.890 $2.085 $2.076 $2.195 $1.981 $2.148
Second Monday $1.969 $2.084 $1.975 $2.240 $1.936 $2.232
Third Monday $2.125 $2.070 $2.023 $2.097 $1.970 $2.230
Fourth Monday $2.168 $2.081 $2.112 $1.991 $2.152
Fifth Monday $2.076
2008/2009 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $3.269 $2.399 $1.982 $1.794 NA NA
Second Monday $2.784 $2.356 $1.714 $1.764 NA NA
Third Monday $2.546 $2.169 $1.762 $1.721 NA NA
Fourth Monday $2.289 $2.004 $1.718 $1.691 NA
Fifth Monday $1.568

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2007/2008 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $2.774 $2.662 $2.737 $2.620 $3.108
Second Monday $2.494 $2.804 $2.585 $2.616 $2.813 $3.228
Third Monday $2.466 $2.794 $2.696 $2.610 $2.844 $3.328
Fourth Monday $2.506 $2.896 $2.704 $2.643 $3.004
Fifth Monday $2.596 $2.712
2006/2007 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $1.849 $1.906 $2.032 $1.923 $1.900 $2.130
Second Monday $1.857 $2.025 $1.940 $1.859 $1.958 $2.184
Third Monday $1.936 $2.055 $2.090 $1.780 $1.933
Fourth Monday $1.922 $1.975 $1.990 $1.788 $2.038
Fifth Monday $1.895 $1.833

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2005/2006 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $2.495 $1.944 $1.782 $1.730 $1.835 $1.954
Second Monday $2.379 $1.851 $1.796 $1.752 $1.809 $1.844
Third Monday $2.590 $1.752 $1.779 $1.686 $1.841
Fourth Monday $2.532 $1.732 $1.713 $1.810 $1.857
Fifth Monday $2.060 $1.844
2004/2005 Heating Season
Oct Nov Dec Jan Feb Mar
First Monday $1.479 $1.480 $1.225 $1.215 $1.302 $1.556
Second Monday $1.499 $1.464 $1.183 $1.277 $1.358 $1.618
Third Monday $1.606 $1.402 $1.376 $1.344 $1.420
Fourth Monday $1.617 $1.543 $1.272 $1.371 $1.537
Fifth Monday $1.478 $1.341

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Heating Season

The Oil Price Information Service (OPIS) collects wholesale heating oil prices each week for Nebraska and other states in the Midwest Region during the heating season (October to March). The Energy Information Administration, the independent statistical and analytical agency within the U.S. Department of Energy, uses the prices collected by the Oil Price Information Service to calculate a state average price, a regional average price, and a national average price which can be seen in the report Weekly Heating Oil and Propane Prices.

Off Season

Prices are not collected during the off season (April through September).

Midwest Region

For statistical purposes, the Energy Information Administration defines the Midwest Region to include the states of Iowa, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Tennessee, and Wisconsin.

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Sources: Weekly Heating Oil and Propane Prices (October – March) report. Energy Information Administration, Washington, DC. Nebraska Department of Environment and Energy, Lincoln, NE.

Note: NA indicates that data is not available.

This report was updated on March 28, 2024.
Typically, there is one week between updates during the heating season.

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