Not for heating oil, since most installations that use gas for heating do not gace the capacity to switch to oil. And those who have the capacity to switch thei

Not for heating oil, since most installations that use gas for heating do not gace the capacity to switch to oil. And those who have the capacity to switch their heating system would choose a heat pump over oil (better yield). But oil (&coal) may be bought to generate electricity (to replace gas, not for heating but for electricity production. Some European countries such as Germany are heavily reliant on gas for electricity production), and that may still drive petrol up