Michigan Residential Heating Oil Price (I:MRHOGMUR)

Michigan Residential Heating Oil Price is at a current level of 3.016, up from 3.001 last week and down from 3.316 one year ago. This is a change of 0.50% from last week and -9.05% from one year ago.

Residential heating oil prices measure the cost in USD per gallon for heating oil. This metric is important because it gives an indication of how much consumers have to pay for heating oil in a particular region. This metric is only measured in the colder months of the year (October - March). This also tends to be a notable indicator to follow for states that experience winter seasons like the east coast as well as the midwest. In most occurences, the Michigan residential heating oil price has historically stayed at or below the US Residential Heating Oil price.