Has Home Heating Oil's price Plummted?

Re: Has Home Heating Oil's price Plummted?

PostBy: Yanche On: Wed Nov 26, 2008 8:31 am

The problem with the locked in price contracts is the retailer gets to define the exit clause conditions. Usually something like "exit when the average retail selling price of heating oil in this area is lower than .... " It's rigged so that the price comparison is something the oil dealers control and the time period will average out any falling prices against you.
Yanche
 
Stoker Coal Boiler: Alternate Heating Systems S-130
Coal Size/Type: Anthracite Pea