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NJ
$5.58 Cheapest heating oil price in Red Bank
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150 gallons Heating Oil
$209.25
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$209.25
Oct 30
$209.25
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Oil Companies
Red Bank Homeowner’s Guide to Selecting an Oil Company
For Red Bank families heating with oil, choosing which of the 8 heating oil companies that serve Red Bank is an important decision.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system choose one of the 2 “full-service” oil companies that serve Red Bank. Full service companies such as Lawes Home Comfort or Globe Petroleum offer customers annual contracts which consist of a combined package of both automatic heating oil delivery and boiler repair. With an automatic number two heating oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The family does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Often called “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for households who are budget-conscious. With discount oil companies, in return for better 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. A few of the 2 Red Bank cash heating oil companies serving Red Bank include Jacquar Fuel Oil Inc and Globe Discount.
Red Bank Heating Oil Company By The Numbers: Oil Companies Serving Red Bank: 8 companies .
Average Number of Red Bank Households Served per Heating Oil company : 66
Red Bank, NJ Heating Oil Trends
Last year, Red Bank homeowners purchased a total of 362,753 gallons of heating oil. Out of the 409 towns in New Jersey, Red Bank ranks 160th for home heating oil consumption.
Country-wide, Red Bank ranks 1955th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Red Bank’s overall fuel oil consumption fluctuates each year depending on winter temperatures. As the temperature outside dips, homes’ heating systems need to burn more and more oil to keep the house warm inside. Last winter, the average outside temperature in Red Bank was 35.7°F, which was 3.9°F colder than the prior winter's average outside temperature.
Red Bank Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 35.7° F |
| 2023 - 2024 | 39.6° F |
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Oil Prices
Cheapest Red Bank Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $5.58 per gallon/gal | Updated Today at 06:49 PM |
| 150 gallonsgals | $5.58 per gallon/gal | Updated Today at 06:49 PM |
| 200 gallonsgals | $5.53 per gallon/gal | Updated Today at 06:49 PM |
| 250 gallonsgals | $5.53 per gallon/gal | Updated Today at 06:49 PM |
Cheapest Red Bank Heating Oil Price Trends
Updated Today at 05:31 PM
| Time Horizon | Price Change |
|---|---|
| 1 Day Trend | +$0.100 |
| 1 Week Trend | +$0.100 |
| 1 Month Trend | +$1.630 |
| 1 Year Trend | +$2.690 |
Cheapest Red Bank Heating Oil Price History
Updated Today at 05:31 PM
| Date | Price |
|---|---|
| 10/16/2026 | $5.580 |
| 10/15/2026 | $5.480 |
| 10/14/2026 | $5.480 |
| 10/13/2026 | $5.570 |
| 10/12/2026 | $5.480 |
| 10/11/2026 | $5.480 |
| 10/10/2026 | $5.480 |
| 10/09/2026 | $5.480 |
| 10/08/2026 | $5.480 |
| 10/07/2026 | $5.390 |
| 10/05/2026 | $5.310 |
| 10/03/2026 | $5.310 |
| 09/23/2026 | $5.550 |
| 09/21/2026 | $5.100 |
| 09/21/2026 | $5.100 |
| 09/20/2026 | $5.100 |
| 09/19/2026 | $5.100 |
| 09/18/2026 | $5.100 |
| 09/17/2026 | $5.100 |
| 09/09/2026 | $4.990 |
| 09/07/2026 | $4.990 |
| 09/06/2026 | $4.990 |
| 09/05/2026 | $4.990 |
| 09/04/2026 | $4.990 |
| 09/03/2026 | $4.990 |
| 08/21/2026 | $4.350 |
| 07/25/2026 | $4.590 |
| 07/15/2026 | $4.190 |
| 07/13/2026 | $3.950 |
| 07/12/2026 | $3.950 |
Average Red Bank Heating Oil Price Trends
Updated on March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.028 |
| 1 Month Trend | +$1.217 |
| 3 Month Trend | +$1.965 |
| 1 Year Trend | +$2.062 |
Average Red Bank Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 03/30/2026 | $5.838 |
| 03/23/2026 | $5.866 |
| 03/16/2026 | $5.493 |
| 03/09/2026 | $5.433 |
| 03/02/2026 | $4.621 |
| 02/23/2026 | $4.471 |
| 02/16/2026 | $4.435 |
| 02/09/2026 | $4.434 |
| 02/02/2026 | $4.421 |
| 01/26/2026 | $4.145 |
| 01/19/2026 | $3.984 |
| 01/12/2026 | $3.885 |
| 01/05/2026 | $3.873 |
| 12/29/2025 | $3.878 |
| 12/22/2025 | $3.872 |
| 12/15/2025 | $3.939 |
| 12/08/2025 | $4.002 |
| 12/01/2025 | $3.951 |
| 11/24/2025 | $4.050 |
| 11/17/2025 | $4.044 |
| 11/10/2025 | $3.990 |
| 11/03/2025 | $3.868 |
| 10/27/2025 | $3.844 |
| 10/20/2025 | $3.776 |
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Heating Oil
Save on Heating Oil: Compare Prices from 8 Red Bank Suppliers
Propane vs. Natural Gas vs. Heating Oil: Red Bank Home Heating Fuel Comparison
Homeowners have a choice of fuels to choose from when it comes to heating. Natural Gas is the preferred choice in Red Bank, used by 7,842 or 72% of homeowners. The next most popular primary heating fuel for Red Bank homeowners is Electricity, used by 2,014 homes (19%). The remaining homes are heated with Heating Oil (5%), Propane (3%), Other (1%), and Solar (0.1%).
Red Bank Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 7,842 | 311 | 2,014 | 531 | 9 | 13 | 19 |
| 2024 | 7,842 | 293 | 1,956 | 531 | 7 | 12 | 17 |
| 2023 | 7,908 | 279 | 1,892 | 537 | 5 | 11 | 15 |
| 2022 | 7,987 | 250 | 2,165 | 561 | 11 | 0 | 12 |
| 2021 | 8,166 | 165 | 1,996 | 554 | 10 | 0 | 26 |
| 2020 | 7,576 | 142 | 2,184 | 556 | 4 | 0 | 19 |
| 2019 | 7,404 | 87 | 1,937 | 406 | 22 | 0 | 35 |
| 2018 | 7,164 | 77 | 1,929 | 516 | 20 | 0 | 47 |
| 2017 | 6,895 | 97 | 1,973 | 591 | 35 | 0 | 33 |
| 2016 | 6,686 | 61 | 2,163 | 654 | 31 | 0 | 56 |
| 2015 | 6,749 | 111 | 2,020 | 712 | 36 | 0 | 51 |
| 2014 | 6,760 | 113 | 2,077 | 756 | 27 | 0 | 34 |
| 2013 | 6,585 | 119 | 2,078 | 817 | 6 | 0 | 27 |
| 2012 | 6,939 | 101 | 1,941 | 916 | 0 | 0 | 52 |
| 2011 | 6,962 | 94 | 1,953 | 911 | 0 | 0 | 14 |
Heating Oil (Fuel Oil) Use in Red Bank
Number two heating oil has become losing popularity in Red Bank. In the 13 years since 2012, the number of residents using heating oil dipped from 916 to 531, a 42% drop.
Propane vs. Natural Gas use for home heating in Red Bank
Between 2012 and today, the number of houses using propane as the primary space heating fuel jumped from 101 to 311, a 208% change. Comparing 2012 and today, the number of homes using natural gas as the primary space heating fuel ramped up from 6,939 to 7,842, a 13% change.
Electricity use for home heating in Red Bank
Electric heat pump systems for home heating are more prevalent in Red Bank. Since 2012, the number of homes heating with electricity rose from 1,941 to 2,014, a 4% change.
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Oil Delivery
Red Bank, NJ Heating Oil Delivery Map
Red Bank Heating Oil Delivery Overview
531 residences in Red Bank heat their homes with oil. This makes oil delivery essential, especially when Red Bank temperatures drop as low as 31.9° F each winter. 4.9% of Red Bank households are reliant on heating oil delivery each winter.
4.9% of Red Bank, NJ Households Rely On Heating Oil Delivery Each Winter
| Red Bank, NJ Households | Red Bank, NJ Heating Oil Households |
|---|---|
| 10,851 | 531 |
8 Red Bank Heating Oil Companies Homeowners Can Count On
With 362,753 gallons of oil delivered to Red Bank houses last winter, the Red Bank community depends on its 8 oil companies when temperatures dip. 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 Red Bank, two of the closest terminals are Sunoco in Linden, NJ and Sunoco in Linden, NJ. Then, the truck delivers the number two heating oil to homes and businesses throughout Red Bank and the surrounding vicinity.
Red Bank Heating Oil Prices FAQs
Is the price of heating oil in Red Bank, NJ rising or falling?
The price of heating oil in Red Bank, NJ has risen by $0.100 over the last 7 days.
Is heating oil going up or down in Red Bank, NJ?
Heating oil prices in Red Bank, NJ have risen by $0.100 over the past 7 days.
Why are heating oil prices rising today in Red Bank, NJ?
Heating oil prices in Red Bank, NJ have increased by $0.10 compared to October 9th, 2026, due to rising demand for home heating oil combined with historically low inventories. (Updated October 16th, 2026).
