Leitrim had third cheapest heating oil on average for 2022

Leitrim had the third cheapest home heating oil on average in 2022 according to the OilPrices.ie Heating Oil Report 2022.

The report, which tracks average oil prices in counties as well as nationally showed that the largest increases in oil prices seen in the last 12 months were in Dublin and Laois. Dublin's prices were up 88% from €668 in 2021 to €1,256 in 2022. Laois saw an 87% rise from €681 in 2021 to €1,273 in 2022.

In Leitrim oil prices were up on average 83% or €562 on prices paid in 2021 for 1000 litres of oil.

Counties Wexford and Clare saw the smallest increase in the price of 1000 litres of oil, with Wexford increasing from €673 in 2021 to €1,215 in 2022, a rise of 80%. Clare increased from €686 in 2021 to €1,240 in 2022, an increase of 81%.

Wexford also saw the cheapest oil price at €1,215 for 1000 litres. The county paying the most for 1000 litres was Cork at €1,285. Leitrim came in at third cheapest with the average for 1000 litres coming in at €1237.52

Heating oil prices nearly doubled in 2022, with the average price of 1000 litres of kerosene rising from €680 in 2021 to €1,251 in 2022.

The cost of 500 litres of oil had a similarly steep rise, jumping from €360 in 2021 to €640 in 2022.

2022,  was dominated by the Russian invasion of Ukraine. The start of the war saw prices jump more than 50% in March, with the cost of 1000 litres of kerosene rising from €921 to €1,416. Many suppliers started limiting orders and even stopped taking orders online.

Prices peaked again in June and showed a steady decline, ending the year at €1182 for 1000 litres.