My friend just called to say he ran out of wood and has been using fuel oil. He needed more fuel oil and was not successful when shopping for price. Cannot take on any new accounts and cannot give pricing he was told. He was delivered 190 gallons to the tune of $815.10.That is $4.29/gallon no matter how you divide it out. It is costing him 5 1/2 times per million B.T.U. to heat with oil than it costs me to use coal. In addition,the cost in my area for diesel fuel is presently $4.399.With all the taxes placed on road fuels it is difficult to imagine how home heating fuel gets so close in cost to diesel fuel per gallon. Yes, yes, we have all heard all of the poor them stories about why the oil products have to be costing up so high. We cannot change one thing about it if we like to move on 4 wheels or are confined to oil heat. However... Next time I go to get coal I am going to show tangible appreciation for the solid. stable and quality folks that do the cold hard work of making coal available to me without complaint ,tears, or "unusual price jumps". I am grateful and very appreciative to these folks. Mike
... and yet the world of anthracite remains a tiny residential market - go figure. Of course I know why but even sheeple must have some original thoughts. Besides thanking the miners and stove makers let's give three cheers for this board and posters that are struggling to get me and others to graduate from coal college so we don't go bankrupt. Also, let's get the hangmans noose set up for Obamacare in page 565 (about) that no one read that added another tax to HO... well done morons.
A friend of mine ran a large fuel oil business, and was a former President of the Oil Heat Institute. He luckily sold and retired right before Iraq invaded Kuwait.
He predicted back in the late 1980's that there were two things that would eventually destroy the home oil heating industry. 1. The oil speculator market. 2. The EPA's crack down on oil storage facilities making them too costly to maintain.
Both predictions have come true.
The price is too subject to fluctuations caused by speculators, coupled with, the USA has no where near the fuel oil storage capacity it once had over 20 years ago.
A few of our dealers are also in the pro pain and/ or HO business. They are near or above $3.85 at their cost for HO. On road diesel may not have hit its peak yet at the pumps. It is sad what goes on in the markets. Our dumb ass governor added even more tax on fuels over the next three yrs. That should help families already struggling.
Do not know what a tank of oil would cost here today, but I know my friend ordered 500 gallons of off-road diesel a couple of weeks ago and said it cost $2000 in round figures. He said he could have gotten by with Jerry Canning the fuel in for his tractors but the D-6 was almost empty. He did not feel like making 5 trips to the store to get that much fuel in cans. He uses the D-6 to plow his driveway. Dan.