The average price of heating oil in Maine
has broken an all-time record dating back more than 25 years.
According to calculations done for the Portland Press Herald by
the U.S. Energy Information Administration, the average oil price
of $2.78 a gallon in October was 11 cents higher than the all-time
annual average high — adjusted for inflation — reached in 1981.
And prices are going higher.
The weekly oil price survey by the State Planning Office says
the average price statewide hit $2.85 a gallon last Monday, which
was 65 cents a gallon higher than a year ago. Kerosene was
averaging $3.24 a gallon, or 58 cents higher than last year.