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Heating oil produces 138,500 British thermal units per US gallon (38.6 MJ/l) and weighs 8.2 pounds per US gallon (0.95 kg/l). Number 2 fuel oil has a flash point of 52 Â°C (126 Â°F). Most heating oil products are chemically very similar to diesel fuel used as motor fuel.
Heating oil usage rate calculations: how to determine the rate of home heating oil consumption: This article describes how long you can heat your building with a known amount of heating oil in the tank, or how to determine how fast your heating oil consumption is likely to empty the heating oil tank.o if you know your oil tank size (say 500 gallons) you can make a very rough guess at how much oil is in the oil tank-say 125 gallons. I'd round down to 100 to be on the safe side since the tank is probably round or oval.