Pellet Stoves are not selling

At a local home show today, lots of pellet stoves on inventory reduction sales, one lady said since that since oil prices went down in the past month, no one wants to buy them....All the stoves I saw were not major manufacturers, these companies must be making these like mad and then, poof, the oil prices drop..what a business model.

It's funny, people told me that I'd never see gas less than $4 a gal ever again. I thought that it would have settled out at $3.29 or so. I just saw gas for $2.27.
I think the turn off with pellet stoves is that there was a shortage of pellets when the demand was up. A friend of mine is waiting for his Axeman Anderson-130 to come in. He ordered it in july!

Along with sagging pellet stove sales I cant help but wonder if coal stove backlogs wont soon follow.
What short memories we as a peolpe have Poof no more oil crisis.Isn't it strange and like magic just before and election....Just like a clock ..it goes round and round.
Oh by the way EXXON just had another record quater to beat out all others...like magic ...

Gas may have come down a lot, the same cannot be said for diesel and #2 heating oil.

coaledsweat wrote:Gas may have come down a lot, the same cannot be said for diesel and #2 heating oil.

& just watch gas prices soar right after the election next Tuesday... By X-mass we'll be back up to around $4.00 due to "Legitimate Market Forces!" (not price fixing....yeah right!)

"& just watch gas prices soar right after the election next Tuesday... By X-mass we'll be back up to around $4.00 due to "Legitimate Market Forces!" (not price fixing....yeah right!)"

Do you really believe this is related to the election? Seriously.

The gas will go back up and pellets cost too much. I just got back from lowes and they were selling a 40lb. bag for $6. That's approx. $450 compared to to what it will cost you for a ton of coal and isn't much less that oil...

Oil in mid-Maine can be had for $2.48 (as low as $2.35 down by Portland). With these prices I am filling both my tanks and burning oil this winter. I had wanted to get a coal stove and direct-vent (chimney flue is taken), but with the Harmon mess and everyone else getting backlogged, I wasn't going to get a stove delivered in time to matter this heating season. So, the drop has been a blessing.

At current prices, pellets cost more than oil, and coal is only a little cheaper. (We have to pay around $315/ton up here... unless you want to get a trailer like Freddy did.

But, I am determined to no longer be dependent on just one heating method. The price drop eliminates the panic buying, and gives me time to get the options worked out. Maybe I'll get the oil boiler moved and direct vent it, freeing up my flue. Regardless, next heating season, I'll be ready.

Pellets seem to be a area the scammers jumped into."Prepay for future delivery" Area tv did a story a cpl weeks ago about a shop that was selling pellets at unbelieveable prices for payment in advance...Seems he sold hundreds of tons and delivered -0-!! Next his shop closed. They tracked him down to his beautiful lake front home with "no comment"
My brother-in-law works for a place that rented space to a pellet stove company that promised pellets at $199 a ton for life!!!You guessed it ..Pay now for latter delivery...Seems people were willing to pay $300 a ton cash off the truck so the ones waiting for their "locked in"paid fors never got them....
Before you hand over cash for something you cant see make damn sure you know who your dealing with and remember golden rule 1..."if its too good to be true...it isn't"

coalmeister wrote:"& just watch gas prices soar right after the election next Tuesday... By X-mass we'll be back up to around $4.00 due to "Legitimate Market Forces!" (not price fixing....yeah right!)"

Do you really believe this is related to the election? Seriously.

Look at my thread last year when I predicted this very thing. Why Are Gasoline & Home Heating Fuels So Expensive? Gas prices plummet just b4 every election to help the Republicans but then rise immediately thereafter. It's price fixing, plain & simple.....& i'ts a violation of federal law!
Greg will claim I'm popping conspiracy pills again bu after a lifetime in federal law enforcement, I can smell a rat.
(by X-mass we'll be back up to $4.00/gallon...Can't wait to hear the oil company stories as to why.)

Titus wrote:But, I am determined to no longer be dependent on just one heating method. The price drop eliminates the panic buying, and gives me time to get the options worked out. Maybe I'll get the oil boiler moved and direct vent it, freeing up my flue. Regardless, next heating season, I'll be ready.

Well I think that is important and what everyone forgets until the next time energy prices rise and there is another massive run on coal stoves and other forms of heat. This will happen again. The current drop in oil prices is certainly nice but its still over $2. I have no doubt that we'll see it hit the bottom shortly and steadily rise again. The spike over the last year was excessive but have no doubt it where it's going in the future.

Devil505 wrote:[quote="coalmeister"]"& just watch gas prices soar right after the election next Tuesday... By X-mass we'll be back up to around $4.00 due to "Legitimate Market Forces!" (not price fixing....yeah right!)"

Do you really believe this is related to the election? Seriously.

Look at my thread last year when I predicted this very thing. Why Are Gasoline & Home Heating Fuels So Expensive? Gas prices plummet just b4 every election to help the Republicans but then rise immediately thereafter. It's price fixing, plain & simple.....& i'ts a violation of federal law!
Greg will claim I'm popping conspiracy pills again bu after a lifetime in federal law enforcement, I can smell a rat.
(by X-mass we'll be back up to $4.00/gallon...Can't wait to hear the oil company stories as to why.)[/quote]

Hey, that Greg is a pretty smart guy. The world economy is in the tank. Copper has tanked. Silver went from $20 to less than $10. Gold went from $1000+ to the seven hundered's, Scrap steel went from the $.22 per pound to something like a nickel. I owned a "Natural Resources" fund that went from $48 to $19 a share in about 2 months. I could go on. The Republicans did and want all that too?? That's just plain silly.

In sight of all these forum brothers (& sister), I bet you one ton of coal that gas will not be $4 a gallon by Christmas, even in Taxachusetts.. What do ya say? Are we on?

Devil, is the bet on?

coalmeister wrote:Devil, is the bet on?

Let's keep things nice & friendly. I'll say allot closer to $4.00 than $2.00 & keep it to a nice friendly bag of coal. (I'd hate to make you go cold in January......Couldn't sleep nights! )

TimV wrote:Along with sagging pellet stove sales I cant help but wonder if coal stove backlogs wont soon follow.
What short memories we as a peolpe have Poof no more oil crisis.Isn't it strange and like magic just before and election....Just like a clock ..it goes round and round.
Oh by the way EXXON just had another record quarter to beat out all others...like magic ...

Boy you said it! They deserve what they get, if you ask me. Same thing for the country id we don't make a major move to renewable energy sources, we know this same economic situation will be staring at us again.