Written on: September 3, 2026
If you’ve been watching heating oil prices lately, you have noticed they’re moving higher. We know rising energy costs can be concerning, especially as we head into heating season.
At Santa Energy, we want to make sure our customers understand what’s happening, what it could mean for the months ahead, and most importantly, what options are available to help you prepare.
Heating oil prices are influenced by the broader energy market. Our price specifically is influenced by the New York Harbor market where refined products such as heating oil and diesel are bought and sold.
Recently, heating oil costs have climbed to their highest levels since 2022. Ongoing conflict and supply disruptions in the Middle East, combined with tighter U.S. supplies of refined heating oil and diesel, have contributed to the increase.
These are market forces outside of Santa Energy’s control, but that doesn’t mean there’s nothing you can do to prepare.
Stephen Santa, COO of Santa Energy, explains what’s happening in the heating oil market, what customers should know heading into the heating season, and some of the options available through Santa Energy.
With prices currently elevated, now is a good time to start thinking ahead rather than waiting for colder weather to arrive.
Santa Energy offers several options designed to provide customers with greater predictability and flexibility, including budget plans that spread heating payments over several months, as well as fixed and capped pricing options.
For customers who may need additional help this winter, our team can also assist with information about energy assistance organizations and available resources.
While heating oil prices have increased, propane pricing has remained comparatively stable. U.S. propane inventories are currently strong, which has contributed to that stability.
For homeowners already considering a switch, this may also be a good time to speak with our team about whether an oil-to-propane conversion makes sense for your home.
We can’t control what happens in global energy markets. What we can do is keep you informed, help you understand your choices, and work with you to prepare for the season ahead.
Whether you have questions about pricing, a budget plan, available programs, or your home’s energy options, the Santa Energy team is here to help you every step of the way.
Have questions or want to discuss your options? Contact Santa Energy today.
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