Heating Season
The Nebraska Department of Environment and Energy
has participated in
the State Heating Oil and Propane Program for over twenty winter
seasons. During the heating season (October to March), staff contact
companies each week who supply heating oil to Nebraska, collect Monday's
retail price, and submit the data to the
Energy Information
Administration. The Energy Information Administration calculates the
average price shown in the table above.
Off Season
During the off season or build season (April through September), time
permitting, the Nebraska Department of Environment and Energy staff
continue to contact the same companies who were contacted during the
heating season. Staff contact companies once a month instead of once
a week since the price of heating oil is usually not volatile during
the off season. The Nebraska Department of Environment and Energy
staff calculate the average price, shown in the table above, from
the companies' retail prices on the first Monday of the month.
State Heating Oil
and Propane Program
The Energy Information Administration, the independent statistical
and analytical agency within the U.S. Department of Energy, conducts
the State Heating Oil and Propane Program from October to March—the
heating season—each year. The Energy Information Administration
collects prices for the program each week from participating states
and calculates 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.
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.
Price Explanation
The prices represent average residential home heating charge prices
for home delivery of No. 2 heating oil, excluding taxes and cash discounts.
A general rule of thumb: A dollar increase in the
West
Texas Intermediate (WTI) crude oil price per barrel will result
in a 2.5–cent increase in the price of heating oil fuel per gallon.
Likewise, a dollar decrease in the WTI crude oil price per barrel will
result in a 2.5–cent decrease in the price of heating oil fuel per gallon.
Sources: State Heating Oil and Propane Survey and the
Weekly Heating Oil and Propane Prices (October – March)
report. Energy Information Administration, Washington, DC.
Nebraska Department Environment and Energy, Lincoln, NE.
Note: NA indicates that data is not available.
This report was updated on November 27, 2024.
Typically, there is one week between updates during the heating season and one month between updates during the off season.