Thanks to an increase in domestic supply, coupled with a reduction in global demand and a strong U.S. dollar, oil prices are expected to stay stable for the foreseeable future. Energy experts have described this as a “new normal” in heating oil prices.
Since last November, heating oil prices have fallen again. Of course, that’s not to say that there won’t be ups and downs, which is perfectly normal in the commodities market.
To take away any worries about the normal ebb and flow of oil prices, many heating oil dealers in the Hudson Valley offer programs designed to save their customers money and keep heating bills manageable—even during cold winters.
To read more about heating oil prices, go here.