How Much Does Heating Oil Cost on Long Island?

Posted Sunday May 24, 2026

If you heat your Long Island home with oil, the first question every winter is the same: what's it going to cost? Heating oil is a commodity, so the price moves with the market — but a few things you control make a real difference in what you pay.

What Drives the Price Per Gallon

• The market. Crude and home heating oil prices rise and fall daily with supply, demand, and weather. That's why a good supplier posts today's price up front.
• When you order. Prices move daily, so ordering on a milder day rather than during a cold snap can save you a few cents per gallon.
• How much you order. Per-gallon pricing drops as your order size goes up, so topping off a larger amount often costs less per gallon than a small fill.
• Your supplier's overhead. A local, family-owned company like Oilex Fuel keeps prices lower than national brands with markups baked in.

How to Pay Less

Order in larger quantities when you can, buy from a local Nassau County supplier that posts honest pricing, and watch the market — ordering on a milder day can help too.

Budgeting for the Heating Season

A typical Long Island home uses several hundred to over a thousand gallons across a winter, depending on the size of the house, how well it's insulated, and how cold the season runs. Because prices shift daily, your total cost can swing year to year even if your usage doesn't. Two ways to smooth it out: order during milder stretches when demand (and often price) dips, and avoid emergency fills, which add stress and a priming fee if you run dry. Tracking your usage with automatic delivery also helps you plan deliveries on your terms rather than in a panic.

Is Heating Oil Expensive Compared to Other Fuels?

Oil burns hotter than many alternatives, so it can heat a home quickly and efficiently. Whether it's cheaper than gas or propane for you depends on local rates and your system — see our breakdown of heating oil vs. natural gas vs. propane.

See Today's Long Island Price

Oilex Fuel posts our current rate right on the site. Check today's heating oil prices on Long Island, see our heating oil prices, or order online in a couple of minutes. Questions? Call (516) 333-2703.