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Business and Economy

Maine Heating Oil Prices Holding Steady

PORTLAND, Maine - Heating prices are steady in Maine, and barring unforeseen events or very bad weather, they're expected to do so until well into next year.

According to the Sept. 12 survey, the statewide price for kerosene is $2.41, and propane is at $2.18. But Governor's Energy Office Senior Planner Lisa Smith says the most important number is heating oil at $1.88.

"We are an outlier in terms of heating oil, because about 65 percent of our population still uses heating oil to heat their homes," Smith says. "And if that's not the highest percentage in the country, it's in the top two."

Smith says the price hasn't gone up or down more than 30 cents a gallon for the last year.