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What are the reasons for the fluctuations in home heating oil prices?

April 26, 2017fluctuations home heating Oil prices reasons

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What are the reasons for the fluctuations in home heating oil prices?

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10 Posted

The theory of supply and demand also comes into play with the prices of home heating oil as in as in gasoline and natural gas. For instance, a severe cold spell would increase the demand of heat (home heating oil) and cause oil companies to dip into storage facilities. Demand Increases—Supply Decreases—Price Increases.