Yep... Heating #2 Oil on Long Island... $2.48/Gallon

 
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Rob R.
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Post by Rob R. » Sat. Dec. 20, 2014 8:11 am

I wish I could say the same. Cheap diesel benefits me and everyone I know. Even though I heat with coal I appreciate it when the price per ton goes down due to reduced demand, cheaper production cost, and less expensive delivery. The last TT load was the cheapest I have gotten in 6 years due to the lowest trucking cost.


 
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SMITTY
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Post by SMITTY » Sat. Dec. 20, 2014 8:27 am

I'd dump coal in a heartbeat if oil ever got below $1.50 a gallon. No loyalty here! :lol:

Yeah, I'm a cheap-fuel *censored*. toothy

 
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whistlenut
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Post by whistlenut » Sat. Dec. 20, 2014 9:13 am

Smitty, I'm SHOCKED!!!! Barney Frank sure has you as a pocket warmer!!! ......and you have a stoker, too!!!! Please edit your comment....pretty please......tell me you were just joking.....lol....

 
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whistlenut
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Post by whistlenut » Sat. Dec. 20, 2014 9:19 am

It would be a great time to fantasize about 650 horsepower in a street car........and be able to afford to actually drive it.............now if we could sh*t-can that damned ethanol........

 
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Post by coalnewbie » Sat. Dec. 20, 2014 9:22 am

Please edit your comment....pretty please......tell me you were just joking.....lol....
Keep clear of the MA border where materialism is a religion :D

 
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Post by windyhill4.2 » Sat. Dec. 20, 2014 9:31 am

Did OIL stick with us thru thick & thin ? Did OIL remain loyal to us ? Oil prices were left to run rampant with the notion that supply & demand was too blame. When temps drop OIL goes up,sometimes only because the forecast is for cold to come. OIL has taken advantage of the poor when they were most in need of oil.Coal has been steady thru the yrs with little price fluctuation,sure can't say that about oil.How many have heard the saying.... This model of gmc products xxx yrs rusts so fast or inject any brands name , I'll never buy from that company again. Well, that is the way that I feel about petroleum products , if given an alternate product I will not go back,they (oil) had their chance & goofed.I will go back to wood b4 ever thinking about oil, BUT, with coal readily available & at decent pricing, it is COAL FORWARD !

 
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Post by ddahlgren » Sat. Dec. 20, 2014 10:26 am

blrman07 wrote:At my cost for bulk coal being $180 per ton, #2 oil would have to go to $1.25 to approach the equivalent cost per the heating calculator on this forum.

At $180 a ton for nut coal, that is $12.50 per unit. With #2 oil at $1.25 gallon, that is 12.88 a unit. I'll switch to oil when it gets down to $1.25 a gallon but until then it's coal for me.
Coal for me in SE CT is 365 a ton so for me the cross over point is much higher than some. If oil hits 2.25 it wins and my loyalty is to my bank account not a particular company or technology. I don't care if it goes to 1.00 the coal stove is not coming out of the house, if the power goes out I will be warming up in under an hour, sort of like the security of a back up generator for lights and refrigeration. My grandparents had a propane hot water heater, stove and refrigerator, kerosene backup on the stove along with a bunch of hurricane lamps for lights. I suspect when they came here considered electricity a novelty. Oh and a Holland gravity warm air furnace that was coal fired and hand fed. I think his only concession to electricity was a RCA table radio and a couple of 20lb flat irons he used for work with to him normal ones that were put on the flat top on the stove to heat up. He was a master tailor and apprentice all over Europe. I should be as self reliant as him and my grandmother who didn't even drive a car, you walked or took the trolley if more than a mile or two. They were a couple of tough old birds and grandfather quite colorful to say the least. I still have her cook book somewhere and all the handwritten stuff in Swedish and my Mom's mostly Italian that I can easily have an aunt or uncle translate the Swedish a bit tougher. Even if translated probably useless to me as very little that looks like quantities, more like a list of ingredients.


 
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Post by Starting Out » Sat. Dec. 20, 2014 10:37 am

Even with the price of oil coming down, I am still going to have a Keystoker hooked to my oil boiler in series in the spring. I am all about saving money, and if oil is cheaper I will use it. If coal, then I will burn it. Lets face it, we all try to save a buck, or we wouldn't have Walmart, Lowe's and other cheap stores. That's why the little mom and pop stores are struggling. I realize the profit goes over seas, but so does the profit from the people who buy Subaru, Toyota, Honda and all other foreign cars. American jobs keep coal going, but Americans still assemble foreign cars and deliver oil for a living. So in the end, it's all about trying to survive.

 
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Post by lsayre » Sat. Dec. 20, 2014 11:56 am

My break-even point occurs with heating oil at $1.90 per gallon, and that for a modern 86% efficient oil boiler. But since I removed my oil boiler I guess this doesn't matter much. The one I removed was old, and was at best 60% efficient. Heating oil would have to hit $1.30 per gallon for my old oil boiler to break even with anthracite.

 
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Post by ddahlgren » Sat. Dec. 20, 2014 12:00 pm

No Wally World shopping for me or Lowes Home Depot etc. It is all counter productive in the end buying cheap things that don't last. If I needed something once I will probably need it again and expect it to work correctly. I can get building supplies delivered by a real lumber yard for less than the big box stores.

 
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Post by ddahlgren » Sat. Dec. 20, 2014 12:12 pm

2.40 this afternoon. Norwich Discount Oil

 
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Post by windyhill4.2 » Sat. Dec. 20, 2014 12:42 pm

IF oil was to go low like some of you are talking,you do realize that coal too would drop prices. If coal were to drop by $ 40/ton where would your allegiance price then be? :)

 
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Post by ddahlgren » Sat. Dec. 20, 2014 1:06 pm

windyhill4.2 wrote:IF oil was to go low like some of you are talking,you do realize that coal too would drop prices. If coal were to drop by $ 40/ton where would your allegiance price then be? :)
If coal dropped by 40 a ton and fuel oil 2.25 I would run coal as low as I dare and let the oil pick up the slack in rooms too far away for the coal heat to reach. I oil went to 2.15 a tie and 2.00 oil wins. My time is worth something actually quite a bit when working in the shop at 100.00 an hour, yes I am not a cheap date but am that good making parts and electronics system for multi million dollar vintage cars. My allegiance is to the bottom line in my bank account as stated earlier.

 
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Post by Pacowy » Sat. Dec. 20, 2014 1:10 pm

coalnewbie wrote: Keep clear of the MA border where materialism is a religion :D
As long as Trump is from NY and Thoreau was from MA I think you're in a glass house on that one. :lol:

Mike

 
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Post by Pacowy » Sat. Dec. 20, 2014 1:15 pm

windyhill4.2 wrote:IF oil was to go low like some of you are talking,you do realize that coal too would drop prices. If coal were to drop by $ 40/ton where would your allegiance price then be? :)
x2, and you beat me to it. Oil accounts for some of coal production costs but a lot of transportation costs, so coal users away from NEPA might see the most significant reductions in delivered price.

Mike


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