Anyone who uses home heating oil to heat their home has probably noticed that oil prices fluctuate significantly throughout the year. This may cause the average consumer to wonder, “Why are oil prices lower during certain times of the year than others?” The truth is, there are many reasons why home heating oil prices in CT rise and fall; some fluctuations are caused by local sources, while others occur due to global conditions.

Below, we’re discussing exactly what makes oil prices rise and fall throughout the year. Read on to learn more!

The home furnace is an essential piece of heating equipment to keep you safe and comfortable during those cold Connecticut winters. However, no matter how well they’re built, oil furnaces cannot last forever. The wear and tear of regular use results in damages that worsen over the years, and home HVAC repair can be very costly. Plus, older models of home heating equipment tend to be less energy efficient and effective than the newer furnaces available today.

Few experiences are as aggravating as running out of home heating oil on a cold, snowy winter night. Unfortunately, this scenario plays out more often than more homeowners imagine. First, you start to notice a chill in the air. Then, it occurs to you that the furnace hasn’t kicked on in a while, and before you know it, the house is bitter cold, and you must determine how to keep your family warm in the middle of the night.