Coal Vs Oil 2016

tikigeorge · Post by **tikigeorge** » Tue. Jan. 05, 2016 7:57 pm

Who is going to keep using coal when oil is $1.46/gal in western NJ

hotblast1357 · Post by **hotblast1357** » Tue. Jan. 05, 2016 7:59 pm

Well up here oil is around 2/gallon so deft still burning coal! Even if it was 1.50 I would still burn coal!

McGiever · Post by **McGiever** » Tue. Jan. 05, 2016 8:02 pm

Better question is...Who thinks oil pricee are going to stay low enough to want to give up on coal?

lsayre · Post by **lsayre** » Tue. Jan. 05, 2016 8:04 pm

tikigeorge wrote:Who is going to keep using coal when oil is $1.46/gal?

The break-even point is roughly $250/ton for anthracite. If you are paying less than that, coal is still less expensive. More than that and $1.46 oil is less expensive. Can you really purchase #2 heating oil at $1.46 per gallon?

tikigeorge · Post by **tikigeorge** » Tue. Jan. 05, 2016 8:07 pm

Yes. In Easton PA $1.40 Phillipsburg NJ $1.47.

lsayre · Post by **lsayre** » Tue. Jan. 05, 2016 8:09 pm

tikigeorge wrote:Yes. In Easton PA $1.40 Phillipsburg NJ $1.47.

And to think that I replaced an oil boiler with a coal boiler.

coalnewbie · Post by **coalnewbie** » Tue. Jan. 05, 2016 8:10 pm

So coal is still cheaper and better but this is the real issue.

Which has the greater probability:

A fight will break out between NEPA miners and anthracite deliveries will cease.

Iran and SA will start a war and under Obummers/Kerrys expert guidance the ME will erupt into chaos and oil will skyrocket.

Place your bets here....

Post by **Rob R.** » Tue. Jan. 05, 2016 8:12 pm

If oil is significantly cheaper than coal, burn oil and buy coal with the savings. You will be smiling when oil is back to $3+

Dennis · Post by **Dennis** » Tue. Jan. 05, 2016 8:15 pm

I'm considering buying oil for the garage heater,since I don't have coal heat in the garage.I havn't bought oil since 2008,when it was $2.02 gal.

coalnewbie · Post by **coalnewbie** » Tue. Jan. 05, 2016 8:18 pm

Rob, if you live near Santas house perhaps but my rice is $171 a ton delivered. Coal is ahead in my part of the world, roughly half the price. Burn coal and save the money to buy a country cottage in Rouses Point, once owned by a famous coal burner.

CoalHeat · Post by **CoalHeat** » Tue. Jan. 05, 2016 8:30 pm

All coal here, I don't even think about oil.

Plus I still have an old inground oil tank, really don't want to dump any oil in it.

coalmaster · Post by **coalmaster** » Tue. Jan. 05, 2016 8:57 pm

When I was working in coaldale a few weeks ago one of the guys who work for evans oil mentioned oil prices of 1.18 by the end of the season. And what about the tanker train cars from tamaque all the way to jim thorpe. Good lord thats a lot of oil. I think its about 18miles long

Post by **Rob R.** » Tue. Jan. 05, 2016 9:07 pm

coalnewbie wrote:Rob, if you live near Santas house perhaps but my rice is $171 a ton delivered. Coal is ahead in my part of the world, roughly half the price. Burn coal and save the money to buy a country cottage in Rouses Point, once owned by a famous coal burner.

I am not burning fuel, but I suspect there are a few guys that could do what I suggested if they can buy fuel for <1.50 and they are buying bagged coal at retail.

If you buy my house it comes with an EFM already burning.

McGiever · Post by **McGiever** » Tue. Jan. 05, 2016 9:09 pm

Low oil prices will inevitably eventually affect the coal prices at some point too.

Post by **coaledsweat** » Tue. Jan. 05, 2016 9:16 pm

$2.39 here last I checked. I don't see it getting to $1.75 here either.