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Fuel prices substantially lower than last year

Wednesday, 08/05/09 6:06am

The price of home heating oil in Vermont is substantially lower now than it was at this time last year.

The Vermont Public Service Department says the average price of a gallon of oil was $2.34 last month.

That's almost 50 percent less than July 2008 when the price vaulted over four dollars a gallon.

Prices of other fuels also have plummeted compared to last year. Propane sold last month for $2.47 - 25 percent lower than 2008. Gasoline averaged $2.61 in July, down from $4.09 a year earlier.


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