American Action Forum Issues Insight: Heating Oil Price Surge - DOE Announces Emergency Reserve Release
October 23, 2026
October 23, 2026
WASHINGTON, Oct. 23 -- The American Action Forum issued the following insight:
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October 23, 2026
Heating Oil Price Surge: DOE Announces Emergency Reserve Release
Shuting Pomerleau
Executive Summary
* As U.S. average residential heating oil prices surged 74 percent year-over-year to $6.19 per gallon in mid-October 2026, the Department of Energy (DOE) announced it will loan up to one third of the Northeast Home Heat . . .
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October 23, 2026
Heating Oil Price Surge: DOE Announces Emergency Reserve Release
Shuting Pomerleau
Executive Summary
* As U.S. average residential heating oil prices surged 74 percent year-over-year to $6.19 per gallon in mid-October 2026, the Department of Energy (DOE) announced it will loan up to one third of the Northeast Home Heat . . .