Trends: Fuel oil, propane, wood carve niche in U.S. heating market

摘要

While the majority of U.S. households are heatedby electricity (38.7%) or utility gas (48.1%), 1.9%rely on wood for heat, according to a survey by theU.S. Census Bureau based on 2016 data.The New England Fuel Institute (NEFI), a heatingoil and propane trade group in the Northeast, toldOPIS that heating oil and propane combined for an11% U.S. residential space heating market share.The Northeast heating oil demand makes up thebulk of the nation’s requirements, but the heating oilmarket share has been shrinking in the past decadedue to increased competition from growing naturalgas supply availability in that region.