Has Home Heating Oil's price Plummted?

Has Home Heating Oil's price Plummted?

PostBy: Devil505 On: Mon Nov 24, 2008 5:18 pm

Since gasoline has dropped in price like a rock, has home heating oil gone way down too?
Devil505
 
Stove/Furnace Make: Harman
Stove/Furnace Model: TLC-2000

Re: Has Home Heating Oil's price Plummted?

PostBy: SuperBeetle On: Mon Nov 24, 2008 5:44 pm

Just read the paper.

No. 2 Fuel Oil $2.58

K-1 Kerosene $3.98 :shock:
SuperBeetle
 
Hand Fed Coal Stove: Harman Mark II
Coal Size/Type: Pea, Nut, & Stove Anthracite

Re: Has Home Heating Oil's price Plummted?

PostBy: Devil505 On: Mon Nov 24, 2008 5:46 pm

SuperBeetle wrote:Just read the paper.

No. 2 Fuel Oil $2.58

K-1 Kerosene $3.98 :shock:


What were they 2 months ago?
Devil505
 
Stove/Furnace Make: Harman
Stove/Furnace Model: TLC-2000


Re: Has Home Heating Oil's price Plummted?

PostBy: vtec350 On: Mon Nov 24, 2008 5:51 pm

Saw Heating oil here at $2.25/gal. on Friday, figures I was going to top off the tank and today it went up $4.57/barrel :mad:
vtec350
 
Stove/Furnace Make: Keystoker
Stove/Furnace Model: KA-6

Re: Has Home Heating Oil's price Plummted?

PostBy: SuperBeetle On: Mon Nov 24, 2008 7:17 pm

I really don't know what they were two months ago. I don't buy that stuff. I do know however that about two months ago my parents "locked in" at $4.29 for No. 2 Fuel Oil.
SuperBeetle
 
Hand Fed Coal Stove: Harman Mark II
Coal Size/Type: Pea, Nut, & Stove Anthracite

Re: Has Home Heating Oil's price Plummted?

PostBy: djackman On: Tue Nov 25, 2008 2:38 am

Cash 500gal min $2.08 Was $2.17 a little over a week ago.
djackman
 
Stove/Furnace Make: 1980 vintage Tarm
Stove/Furnace Model: FT22 (aka 202) installed!

Re: Has Home Heating Oil's price Plummted?

PostBy: Adamiscold On: Tue Nov 25, 2008 10:16 am

$2.49 is the lowest around here on http://www.newenglandoil.com/massachuse ... 14.asp?x=0. On http://www.massenergy.com it's at $2.28 high on November 5th was $2.73 a gallon.
Adamiscold
 
Stove/Furnace Make: Chubby Sr. Old School

Re: Has Home Heating Oil's price Plummted?

PostBy: ken On: Tue Nov 25, 2008 11:48 am

I called the other day after seeing this thread. 2.59 gal. Gas is running about 1.80. I always thought there was less refinering in making heating oil then gas.
ken
 
Stove/Furnace Make: Keystoker - Rice Coal
Stove/Furnace Model: 75K - Bay Window - Direct Vent

Re: Has Home Heating Oil's price Plummted?

PostBy: Freddy On: Tue Nov 25, 2008 12:27 pm

Yaaa, back before this price thing started, when gas was $1.76, heating oil was $.79 What's wrong with this picture? They simply have the oil burning people over a barrel and are making mor eprofit than any time in history.
Freddy
 
Stoker Coal Boiler: Axeman Anderson 130 (pea)
Hot Air Coal Stoker Stove: Reading piece o' junk in the barn (rice)
Coal Size/Type: Pea size, Superior, deep mined

Re: Has Home Heating Oil's price Plummted?

PostBy: Adamiscold On: Tue Nov 25, 2008 12:41 pm

ken wrote:I called the other day after seeing this thread. 2.59 gal. Gas is running about 1.80. I always thought there was less refinering in making heating oil then gas.



Yep no reason for oil and diesel to be as high as it is since it takes less work to make it and has less extra stuff added to it. Kind of like the whole "organic thing" food that cost's more becuase they spend less in growing it by not spending all that money on pesticides. :roll:
Adamiscold
 
Stove/Furnace Make: Chubby Sr. Old School

Re: Has Home Heating Oil's price Plummted?

PostBy: Flyer5 On: Tue Nov 25, 2008 8:55 pm

http://www.theenergyco-op.com/OIL%20PRI ... prices.htm


Looks like they may be creeping back up .
Flyer5
 
Stoker Coal Boiler: Leisure Line WL110
Hot Air Coal Stoker Stove: Leisure Line Pioneer

Re: Has Home Heating Oil's price Plummted?

PostBy: billw On: Tue Nov 25, 2008 10:38 pm

Did anyone ever do that pre-buy locking in at a certain price for the year? I always paid cash. I wonder what happens to all of those poor bastards that locked in at 4.00 a gallon this summer?
billw
 
Stove/Furnace Make: EFM 520
Stove/Furnace Model: GOODBYE OIL COMPANY

Re: Has Home Heating Oil's price Plummted?

PostBy: djackman On: Wed Nov 26, 2008 4:04 am

billw wrote: I wonder what happens to all of those poor bastards that locked in at 4.00 a gallon this summer?


They all get to buy locking fuel oil caps or park car over tank fill except when COD oil guy is called :D

It's the same people who will take the gas company's offer of a free gas-only boiler, where there's only one source (and one price). Just twist the dial and not think about it. Going out in the cold to stick the tank? Oh the horror....

I've never seen one of the lock-in contracts. Is there a clause/penalty for buying fuel oil from another source, or not taking less than X gallons per month?
djackman
 
Stove/Furnace Make: 1980 vintage Tarm
Stove/Furnace Model: FT22 (aka 202) installed!

Re: Has Home Heating Oil's price Plummted?

PostBy: Paulie On: Wed Nov 26, 2008 7:10 am

COD oil here south of Boston, last time I checked, was 2.19/gal. No service, pay as you go. This summer, 4.10/gal
same deal. So it is down, no doubt. Need to hit 1.30/gal to break even with my coal heat. :)
Paulie
 
Stove/Furnace Make: leisure Line
Stove/Furnace Model: Pioneer

Re: Has Home Heating Oil's price Plummted?

PostBy: Hammer8 On: Wed Nov 26, 2008 7:18 am

I wonder what happens to all of those poor bastards that locked in at 4.00 a gallon this summer?


When I lived in PA, I would lock in my oil price. My contract always read that if the market price went below the contract price, then you got the market price. The locked in price was only a maximum. That was quite a few years ago, I don't know if it is still the same way.
Hammer8
 
Stove/Furnace Make: Alaska
Stove/Furnace Model: Kodiak Stoker with power vent