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Of the three fuels discussed here, oil is by far the worst, at 161.4 lbs. of CO2 per million Btus produced. Propane is considerably better, creating 139.05 lbs. of CO2 per million Btus. Natural gas is best, at 117 lbs. of CO2 per million Btus. Based on that and cost, natural gas is the easy choice. Well, not so fast.. For those considering a new furnace, here are some pros and cons about your options.. Heating oil — $2,558 per household, 22.5% increase; Propane (Midwest) — $1,448 per household, 5.9%.

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And of those, about 1.1 million have oil-fired central heating. If you're moving to a property with oil-fuelled central heating, here's everything you need to know. These are common enough not to be unusual, but there are certainly pros and cons worth being aware of - both with the heating system, and the oil tank itself... Magnetic filter - £100 to £120. Controls - £70 to £650. Pipework and fittings - £300 to £600. As with all trades, you can expect higher oil boiler replacement costs in capital cities for the same work as you would in more rural locations, and the same is true when choosing between local and national installers.