AUGUSTA – The Maine Governor’s Energy Office says high gas inventories have contributed to a dip in price of heating fuel in Maine.

The energy office also says a rally in prices that had gone on for several months in crude oil markets has waned. U.S. crude oil inventories are lower than they were a few months ago but are still above the five-year average.

The Governor’s Energy Office says the average price for heating oil slipped two cents to $1.91 per gallon, according to a July 18 survey. Kerosene prices have also gone down a penny to $2.44 and propane prices have fallen 3 cents to $2.16 per gallon.


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