Heating oil: Prices have doubled in a year

With 200,000 Quebec households heating themselves with oil, the wallet has been hit hard. Filling up the heating oil tank costs twice what it cost last year.

• Read more: Residential construction: Novoclimat insulation standard becomes mandatory

• Read more: Inflation: Quebec limits the indexation of some government fees to 3%

“Oil prices continue to be at very high levels, so the prices of all petroleum products are high,” summarizes Professor Pierre-Olivier Pineau of HEC Montreal.

According to the Régie de l’énergie du Québec, the average price of light fuel oil used for heating this week was $2.04 per liter. This is an increase of almost 75% compared to the same date last year. In November 2021, the average price was $1.18.

  • Listen to Yves Daoust’s business segment broadcast live every day at 9:35 am :

A family that wants to fill a 500-liter tank before winter will pay more than $1,000. In November 2021, the invoice showed 590$. Keep in mind that multiple refills are often necessary to survive the winter.

By 2021, it is estimated that more than 200,000 Quebec households will still be heated by oil.

Do you have any information to share with us about this story?

Got a scoop that our readers might be interested in?

Write to us or call us directly 1 800-63SCOOP.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

5 Best Ways to Have a Safer Online Shopping Experience

Thanks to the power of the internet, people can buy just about…

Watch on ICI Tou.TV and Club Illico’s Extra

Sorry, your browser does not support videos What should you watch on…

“I saw people crying and hugging”

Paris | During a festive concert, as they were secretive and especially…

Taylor Swift calls Vienna concert cancellations ‘disastrous’

“The cancellation of our concerts in Vienna was devastating. The reason for…