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Heating oil was already a New England problem. $6 diesel makes it a winter one.

· Daily edition

Editorial artwork: Heating oil was already a New England problem. $6 diesel makes it a winter one.

The $6 gallon is new. The heating-oil map is not.

Diesel just did something it had never done in the official pump series: the national average crossed $6 a gallon. AAA put it at $6.06 Friday, up from $5.85 a week earlier and about $3.71 a year ago. Brent crude had spiked to $109 a barrel. California averaged $7.98. The people who do not drive a pickup still live on that fuel. Diesel moves groceries, parcels and farm equipment. It is also, as energy analysts keep repeating this week, practically the same molecule as home heating oil. About five million households still burn heating oil, most of them in the Northeast. Andy Lipow of Lipow Oil Associates told CNN those customers are heading into “quite a sticker shock when they get the first delivery for the season.”

That is a 2026 price story. The last complete official picture of how Americans actually spent money on fuels is older, and it is the picture that matters for understanding who is exposed. The Bureau of Economic Analysis’s state consumer-spending accounts run through calendar 2024, the last full year before the United States and Israel opened the Iran war on February 28, 2026. Those books cannot tell you what a Maine tank fill-up will cost in October. They can tell you, without guesswork, how large fuel oil already was next to gasoline, electricity and natural gas — and how uneven that burden was across states.

Nationally, fuel oil was a rounding error. Motor fuels were not.

In 2024, U.S. households spent $414.3 billion on motor vehicle fuels, lubricants and fluids. That was 2.08 percent of total personal consumption expenditures, which came to $19.9 trillion. Electricity was the next-largest household energy outlay, at $253.4 billion, or 1.27 percent of spending. Natural gas was $63.6 billion (0.32 percent). Fuel oil and other fuels — the heating-oil line — were $26.3 billion, just 0.13 percent of all consumer spending. Add those four lines and household energy was $758 billion, 3.81 percent of PCE.

Those are aggregate dollars, not a typical household’s bill, and they mix two BEA tables: motor fuels and fuel oil are goods purchases; electricity and natural gas are household-utility lines. They still answer a useful question. The thing that just set a pump record is the thing Americans already spent the most on. Fuel oil is a small national total because most of the country does not heat with it. A $6 diesel average can still rearrange a winter in the places that do.

The mix has also been shrinking as a share of the whole economy, even as the dollar totals grew. In 1997, the same four energy lines were 4.95 percent of PCE. They peaked at 6.12 percent in 2008, when motor fuels alone were 3.59 percent of spending. By 2024 motor fuels were back near 2 percent. Electricity’s share drifted down from 1.64 percent in 1997 to 1.27 percent. Fuel oil’s national share has been a thin ribbon throughout: 0.24 percent in 1997, 0.30 percent in 2008, 0.13 percent in 2024. The ribbon is what New England lives on.

U.S. household energy spending as a share of total PCE, 1997–2024

Line chart of U.S. motor-fuel, electricity, natural-gas and fuel-oil spending as shares of total consumer spending from 1997 to 2024.
Motor fuels, electricity, natural gas and fuel oil as shares of total personal consumption expenditures. Annual, current dollars. Last official year is 2024, before the February 2026 Iran war. Fuel oil is a goods line; electricity and natural gas are household-utility lines. Sources: BEA Personal Consumption Expenditures by State.
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yearmotor_fuels_bilfuel_oil_bilelectricity_bilnatural_gas_bilenergy_sum_biltotal_pce_trilmotor_share_pctfuel_oil_share_pctelectricity_share_pctgas_share_pctenergy_share_pctpc_energy_goods_usdpc_total_pce_usdne_fuel_oil_share_pctus_fuel_oil_share_pctne_motor_share_pctus_motor_share_pctne_pc_energy_usd
1997134.413.290.735.9274.25.5372.430.2391.640.654.95542203080.2440.2391.972.43523
1998120.811.693.431.7257.45.8772.060.1971.590.544.38480213060.20.1971.642.06461
1999134.212.493.632.2272.46.2842.140.1971.490.514.33525225190.1850.1971.672.14492
2000168.615.998.439.3322.16.7672.490.2351.450.584.76654239830.2230.2351.942.49613
2001162.515.5103.446.2327.67.0742.30.2191.460.654.63625248230.2130.2191.822.3601
2002153.614.3107.138.5313.57.3492.090.1941.460.524.27584255500.1880.1941.662.09566
200317917.4111.548.9356.87.7412.310.2251.440.634.61677266820.2320.2251.862.31674
2004213.419.4115.852.3400.88.2322.590.2351.410.644.87795281140.2510.2352.072.59792
2005261.422.3128.561.3473.68.7692.980.2551.470.75.4960296740.290.2552.342.98948
2006295.923.7140.760.1520.49.2773.190.2561.520.655.611071310920.2880.2562.53.191053
2007319.925.6148.361.9555.79.7473.280.2631.520.635.71147323560.3030.2632.533.281105
200836130.1155.568.1614.710.053.590.31.550.686.121286330490.3520.32.763.591243
2009263.823.215758.2502.29.8912.670.2351.590.595.08936322430.2870.2352.032.67912
2010312.124.6166.854.6558.110.263.040.241.630.535.441088331640.290.242.293.041044
2011386.827166.752.2632.710.6993.620.2521.560.495.911327343090.3080.2522.673.621238
2012397.824.1163.244.4629.611.0473.60.2181.480.45.71342351450.2640.2182.63.61211
2013395.726169.150.7641.511.3883.470.2281.480.455.631331359560.2720.2282.543.471214
2014383.127.8176.15664311.8743.230.2341.480.475.421287371940.2840.2342.393.231188
2015297.421.4177.648544.412.2972.420.1741.440.394.43991382130.2130.1741.822.42928
2016268.618.417743.8507.812.7272.110.1441.390.343.99885392380.1720.1441.592.11828
2017302.521.5177.748.2549.913.2912.280.1621.340.364.14992406930.1910.1621.742.28937
2018341.725190.754.761213.9342.450.1791.370.394.391116424150.2120.1791.852.451042
2019328.723.8187.354.1593.914.4382.280.1651.30.374.111067437200.1970.1651.712.28989
2020238.420191.650.5500.614.2311.680.1411.350.353.52779429200.1710.1411.251.68724
2021361.124.6200.759.5645.916.122.240.1531.250.374.011162485390.1770.1531.642.241033
2022481.732.9232.978.8826.317.692.720.1861.320.454.671541529610.260.1861.952.721360
2023436.928236.766.6768.218.8332.320.1491.260.354.081380559170.2010.1491.652.321207
2024414.326.3253.463.6757.619.8962.080.1321.270.323.811295584990.1750.1321.482.081126

How U.S. household energy spending stacked in 2024

Bar chart comparing 2024 U.S. spending on motor fuels, electricity, natural gas and fuel oil in billions of dollars.
Billions of current dollars in 2024. Motor fuels were still the largest household energy outlay, more than electricity, natural gas and fuel oil combined. These are pre-war annual totals, not 2026 pump prices. Sources: BEA Personal Consumption Expenditures by State.
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categorybillion_current_dollarsshare_of_pce_pct
Motor vehicle fuels, lubricants, and fluids414.32.08
Electricity253.41.27
Natural gas63.60.32
Fuel oil and other fuels26.30.132

Vermont’s fuel-oil share was about eight times California’s

Look at states and the national rounding error stops being a rounding error. In 2024, fuel oil and other fuels were 0.443 percent of Vermont’s total consumer spending and 0.349 percent of Maine’s. New Hampshire was 0.261 percent. New York, which spent the most in raw dollars — $2.40 billion — was 0.182 percent of a much larger pie. Massachusetts was 0.156 percent. Then the map falls off. Connecticut was 0.113 percent. Texas, $1.51 billion of fuel oil in a $1.69 trillion spending total, was 0.090 percent. Florida was 0.060 percent. California, with almost the same fuel-oil dollars as Texas, was 0.057 percent of a $2.66 trillion spending base. Rhode Island, inside New England, was only 0.034 percent, a reminder that “the Northeast” is not one furnace.

New England as a region spent 0.175 percent of PCE on fuel oil in 2024, about a third more than the U.S. average of 0.132 percent and more than twice the Far West’s 0.073 percent. The regional gap is not new. It widened in expensive years. In 2008, New England’s fuel-oil share was 0.352 percent against 0.300 percent nationally. In 2022, another oil spike, it was 0.260 percent against 0.186 percent. The places TIME’s sources are warning about already devoted a larger slice of spending to the diesel cousin before anyone had heard of a $6 gallon.

Motor fuels still dominate even in Maine. In 2024 Maine spent $2.33 billion on motor vehicle fuels and $309 million on fuel oil — fuel oil was 13.3 percent as large as the gasoline line, versus 6.3 percent nationally and 3.3 percent in California. Maine also spent a larger share of its whole budget at the pump: motor fuels were 2.63 percent of Maine PCE against 1.74 percent in California and 2.08 percent in the United States. A diesel shock hits the truck that brought the groceries and, in a smaller set of states, the tank in the basement.

Fuel oil’s slice of 2024 spending was tiny nationally — and not tiny in Vermont

Horizontal bar chart ranking selected states by fuel oil’s share of 2024 consumer spending, led by Vermont and Maine.
Fuel oil and other fuels as a share of each state’s total personal consumption expenditures in 2024. Vermont and Maine spent several times the California or Florida share. Aggregate dollars, not household averages. Sources: BEA Personal Consumption Expenditures by State.
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statefuel_oil_miltotal_pce_bilfuel_oil_share_pct
Vermont179.840.60.443
Maine309.488.60.349
New Hampshire253.297.10.261
New York24031319.70.182
Massachusetts798.7513.40.156
Connecticut277.7244.90.113
Texas15141691.60.09
Florida882.71463.50.06
California1514.22664.20.057
Rhode Island21.764.60.034

New England has long spent more of its budget on fuel oil than the U.S. average

Two-line chart of fuel oil’s share of consumer spending in New England and the United States from 1997 to 2024.
Fuel oil and other fuels as a share of total PCE in New England versus the United States, 1997–2024. The regional gap widened in high-price years such as 2008 and 2022. Sources: BEA Personal Consumption Expenditures by State.
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yearnew_englandunited_states
19970.2440.239
19980.20.197
19990.1850.197
20000.2230.235
20010.2130.219
20020.1880.194
20030.2320.225
20040.2510.235
20050.290.255
20060.2880.256
20070.3030.263
20080.3520.3
20090.2870.235
20100.290.24
20110.3080.252
20120.2640.218
20130.2720.228
20140.2840.234
20150.2130.174
20160.1720.144
20170.1910.162
20180.2120.179
20190.1970.165
20200.1710.141
20210.1770.153
20220.260.186
20230.2010.149
20240.1750.132

Per person, the energy-goods bill had already doubled since the 1990s

BEA also publishes a per-person series for “gasoline and other energy goods,” which combines motor fuels and fuel oils. In 2024 that was $1,295 per U.S. resident, 2.21 percent of per capita PCE ($58,499). That is not a household average — it is total spending divided by resident population — but it is the cleanest official yardstick for how the pump and the oil truck have moved together. In 1997 the same line was $542. It hit $1,286 in 2008, $1,541 in 2022, then eased to $1,380 in 2023 and $1,295 in 2024. New England’s per-person figure in 2024 was $1,126, a bit below the national number, because the region burns more heating oil but drives fewer gallons.

Motor-fuel spending in current dollars was 26 percent higher in 2024 than in 2019. Fuel oil was up 10.4 percent. Electricity was up 35.3 percent. Those are nominal changes, so they mix prices and quantities; they are not inflation rates. They do show that the pre-war baseline was not a cheap-energy lull. August’s consumer-price report put gasoline 27.4 percent above a year earlier and the energy index 16.3 percent higher, with headline inflation stuck at 3.4 percent while core cooled to 2.4 percent. That is the composition a $6 diesel average is about to feed into — through trucking, through heating oil, and through whatever grocers pass on after a lag.

The honest limit is the calendar. These accounts end in 2024. They do not include the Strait of Hormuz fight, the Houthi advance on Bab al-Mandab, or this week’s pump readings. They also do not say a Vermont household’s bill is 0.44 percent of income; they say fuel oil is 0.44 percent of all consumption in Vermont. Missing is not zero, and a state total is not a furnace. What the books do say, clearly, is that America entered this war with gasoline as the big household fuel line and heating oil as a concentrated Northeast exposure. A record diesel price does not create that map. It lights it up.

Per-person spending on gasoline and other energy goods, 1997–2024

Line chart of per-person U.S. and New England spending on gasoline and other energy goods from 1997 to 2024.
BEA per capita PCE on gasoline and other energy goods (motor fuels plus fuel oils). Current dollars per resident. The 2022 spike was $1,541 nationally; 2024 was $1,295, still more than double 1997. Sources: BEA Personal Consumption Expenditures by State.
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yearus_pc_energy_goods_usdne_pc_energy_goods_usd
1997542523
1998480461
1999525492
2000654613
2001625601
2002584566
2003677674
2004795792
2005960948
200610711053
200711471105
200812861243
2009936912
201010881044
201113271238
201213421211
201313311214
201412871188
2015991928
2016885828
2017992937
201811161042
20191067989
2020779724
202111621033
202215411360
202313801207
202412951126

Sources and methods

BEA state personal consumption expenditures, annual calendar years 1997–2024, current dollars, from the SAPCE 2025-09-26 release in a pinned snapshot dated 2026-08-31. Observation years are spending years, not release dates, and are not 2026 pump prices.

Motor vehicle fuels, lubricants, and fluids and fuel oil and other fuels are SAPCE3 goods lines. Electricity and natural gas are SAPCE4 household-utility lines. They were not double-counted. Total PCE is the SAPCE4 all-consumption total. Shares are category dollars divided by the same geography’s total PCE in the same year.

Values are aggregates in millions of current dollars, then scaled to billions or percent. They are not household averages, not quantities of gallons, and not inflation-adjusted. Per capita “gasoline and other energy goods” is BEA’s resident-population denominator for motor fuels plus fuel oils.

State comparisons use 2024 only for Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island, New York, California, Texas and Florida, plus the New England and Far West BEA regions. Dictionary presence of other states was not treated as a 2024 observation. Rhode Island’s low fuel-oil share is reported as observed, not averaged away.

Nulls were not treated as zero. No causal claim is made that the Iran war, diesel prices or Houthi advances changed 2024 spending. The 2024 accounts are a pre-war baseline for who was already exposed to fuel oil.

Research completed 2026-09-12, for the September 11, 2026 news edition. The available source data may cover earlier periods; see the observation periods and source vintages above.

Read the related National / Federal News edition →