Very confusing. I can say this. You can’t link Heating oil and K1 into one category. The price is very different.
They are pushing heat pumps as if they are the cats meow. They don’t work good in cold climates. Without some other form of heat people will freeze.
Most people had normal electric heat which runs 3x that of natural gas.
We have electric heat and air plus propane in case the power goes out.
Currently dropping below 20F here in central Texas.
Im ready for summer!