How low can the price of Oil go? For many home heating oil customers the price of oil is a major factor when it comes to picking a company to use. As the price of oil here in New England continues to trend downward as the global market receives more and more supply, now is a perfect time lessen the weight price contributes to picking a heating company. Think back to 2012-2013 when the price of home heating oil was about $2.00 more per gallon then what you can find today. Now think about what the average home burns per year, which varies around the region but usually is about 800 gallons. That means that two years ago could have spent 1,600 more than what you would pay now. That's a vacation or a couple of payments on a car, or a service plan for several years or another seasons worth of heating fuel. With the price of heating oil as low as it is compared to past year the difference between a full service company and cod company is as vast as it always h...