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Cheapest heating oil price in Olney
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Oil Prices For Heating Oil Companies In Olney, MD
| Heating Oil Company | Oil Price Per Gallon |
|---|---|
| Griffith Energy Serevices | Call for price |
| Burtsonville Fuel | Call for price |
| Laurel Fuel Company | Call for price |
| Parker Fuel Co Inc | Call for price |
| Damascus Fuel Company | Call for price |
| Laurel Fuel Oil | Call for price |
| Amato Industries | Call for price |
Olney Homeowner’s Guide to Selecting an Oil Company
For Olney families heating with oil, picking which of the 7 heating oil companies that serve Olney makes a big difference.
Full Service Oil Companies: Homeowners who are willing to pay a premium for a “set-it-and-forget-it” heating system select one of the 1 “full-service” oil companies that serve Olney. Full service companies such as Laurel Fuel Oil or offer customers annual contracts which consist of a combined package of both automatic number two heating oil delivery and heating system repair. With an automatic heating oil delivery contract, the company tracks your home’s fuel oil consumption and makes deliveries when your tank is running low. The customer does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for customers who are budget-conscious. With discount oil companies, in exchange for lower prices, you monitor the heating oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Examples of 2 Olney cash heating oil companies serving Olney include Griffith Energy Services Inc Inc and Burtsonville Fuel.
Olney Number Two Heating Oil Company Fast Facts: Oil Companies Serving Olney: 7 companies .
Average Number of Olney Homes Served per Fuel Oil company : 23
Olney, MD Heating Oil Trends
Last year, Olney homeowners purchased a total of 93,800 gallons of heating oil. Out of the 175 towns in Maryland, Olney ranks 213rd for home heating oil consumption.
Country-wide, Olney ranks 4038th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Olney’s overall heating oil consumption fluctuates yearly primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ furnaces need to burn increasing amounts of number two heating oil to maintain the temperature that the thermostat is set to. Last winter, the average outside temperature in Olney was 35.1°F, which was 5°F colder than the prior winter's average outside temperature.
Olney Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 35.1° F |
| 2023 - 2024 | 40.1° F |
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Average Olney Heating Oil Price Trends
Updated on March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.100 |
| 1 Month Trend | +$1.144 |
| 3 Month Trend | +$1.497 |
| 1 Year Trend | +$1.683 |
Average Olney Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 03/30/2026 | $5.276 |
| 03/23/2026 | $5.376 |
| 03/16/2026 | $5.219 |
| 03/09/2026 | $4.979 |
| 03/02/2026 | $4.132 |
| 02/23/2026 | $4.077 |
| 02/16/2026 | $4.014 |
| 02/09/2026 | $3.984 |
| 02/02/2026 | $3.930 |
| 01/26/2026 | $3.854 |
| 01/19/2026 | $3.749 |
| 01/12/2026 | $3.704 |
| 01/05/2026 | $3.779 |
| 12/29/2025 | $3.744 |
| 12/22/2025 | $3.701 |
| 12/15/2025 | $3.836 |
| 12/08/2025 | $3.802 |
| 12/01/2025 | $3.905 |
| 11/24/2025 | $3.924 |
| 11/17/2025 | $3.891 |
| 11/10/2025 | $3.825 |
| 11/03/2025 | $3.766 |
| 10/27/2025 | $3.712 |
| 10/20/2025 | $3.593 |
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Save on Heating Oil: Compare Prices from 7 Olney Suppliers
Propane vs. Natural Gas vs. Heating Oil: Olney Home Heating Fuel Comparison
Homeowners have a choice of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Olney, used by 4,953 or 57% of homeowners. The 2nd most popular primary heating fuel for Olney households is Electricity, used by 3,310 homes (38%). The rest of the homes are heated with Propane (2%), Heating Oil (2%), Other (1%), and Wood (0.4%).
Olney Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 4,953 | 180 | 3,310 | 162 | 33 | 14 | 32 |
| 2024 | 4,953 | 175 | 3,190 | 162 | 33 | 14 | 32 |
| 2023 | 4,931 | 160 | 3,073 | 161 | 33 | 13 | 32 |
| 2022 | 5,077 | 200 | 2,917 | 178 | 42 | 17 | 29 |
| 2021 | 5,115 | 190 | 2,834 | 265 | 34 | 23 | 11 |
| 2020 | 4,986 | 114 | 2,908 | 385 | 36 | 0 | 19 |
| 2019 | 5,063 | 75 | 3,178 | 389 | 60 | 0 | 15 |
| 2018 | 5,189 | 88 | 2,961 | 446 | 15 | 0 | 11 |
| 2017 | 5,208 | 66 | 3,040 | 460 | 14 | 0 | 8 |
| 2016 | 5,126 | 88 | 3,064 | 415 | 23 | 0 | 3 |
| 2015 | 5,134 | 74 | 2,947 | 441 | 32 | 0 | 15 |
| 2014 | 5,099 | 59 | 3,000 | 464 | 9 | 0 | 31 |
| 2013 | 4,954 | 31 | 3,033 | 454 | 12 | 0 | 28 |
| 2012 | 5,013 | 30 | 2,884 | 440 | 23 | 0 | 29 |
| 2011 | 4,952 | 7 | 3,071 | 408 | 0 | 0 | 38 |
Heating Oil (Fuel Oil) Use in Olney
Oil has become less popular in Olney. In the 4 years since 2021, the number of households using heating oil decreased from 265 to 162, a 39% drop.
Propane vs. Natural Gas use for home heating in Olney
Between 2021 and today, the number of households using propane as the primary space heating fuel dipped from 190 to 180, a 5% change. Comparing 2021 and today, the number of homes using natural gas as the primary space heating fuel fell from 5,115 to 4,953, a 3% change.
Electricity use for home heating in Olney
Electric heat pump systems for home heating are more prevalent in Olney. Since 2021, the number of homes heating with electricity increased from 2,834 to 3,310, a 17% change.
Adoption of solar home heating systems in Olney
The most eco-friendly heating option is solar. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. As it stands today, 14 homes in Olney are heated with active solar arrays. This is a 39% drop from 2021, when 23 homes utilized active solar heating.
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Olney, MD Heating Oil Delivery Map

Olney Heating Oil Delivery Overview
162 families in Olney heat their homes with heating oil. This makes oil delivery essential, especially when Olney temperatures drop as low as 30.0° F each winter. 1.9% of Olney homes are reliant on number two heating oil delivery each winter.
1.9% of Olney, MD Households Rely On Heating Oil Delivery Each Winter
| Olney, MD Households | Olney, MD Heating Oil Households |
|---|---|
| 8,704 | 162 |
7 Olney Heating Oil Companies Serving The Community
With 93,800 gallons of number two heating oil delivered to Olney houses last winter, the Olney community relies on its 7 oil companies to keep warm throughout the winter. Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Olney, two of the closest terminals are Buckeye in Baltimore, MD and Center Pt in Baltimore, MD. Then, the truck delivers the #2 heating oil to residences and companies throughout Olney and the surrounding area.