Heating Oil prices put Pellets on back burner.

  • Active since 1995, Hearth.com is THE place on the internet for free information and advice about wood stoves, pellet stoves and other energy saving equipment.

    We strive to provide opinions, articles, discussions and history related to Hearth Products and in a more general sense, energy issues.

    We promote the EFFICIENT, RESPONSIBLE, CLEAN and SAFE use of all fuels, whether renewable or fossil.
Status
Not open for further replies.
Its a ambiance thing in this house. Plus its a constant warmth compared to the forced hot air.

Before I purchased a Pellet Stove, I had a fireplace for "ambiance". I know it was ambiance because 90% of the heat was going up the chimney. I purchased the pellet insert, with a glass door, for the ambiance and whatever heat I gained. Well, to my surprise, the stove ended up heating my whole house and saving me money over burning oil. That was 5 years ago. This winter, whenever I decide to use the pellet stove, it will probably cost me more than burning oil. I may not use the stove until the middle of winter, BUT, like when I only had a fireplace, it'll be for the "ambiance" and comforting extra heat.
 
  • Like
Reactions: Jack Morrissey
I think most realistic people are comparing pellets/pellet industries actions to the greedy oil industry.

Perhaps but theres no billionaire pellet tycoons out there that I am aware of running the pellet industry. There no OPEC for pellets although the acronym actually works out.
 
Oil today here is down to $1.99 gal plus a 10%off coupon . If it stays low I`ll sit on my $300 per ton pellets or use them only to heat the basement.
 
  • Like
Reactions: Pellet-King
cash price here this morning at $1.759
 
don't forget to add the cost of getting the Oil furnace serviced each year cheap oil or not...
btw: if your not going to use pellets anymore, why come to the forum...?::P
I will tell you why now. When I was looking to reduce my heating costs I found this forum and I was persuaded by many of you to give a pellet stove a try. I spent 5000 dollars on a stove and then had to use my entire garage to store pellets, load the stove up everyday (sometimes more) and clean the stove once a week, and what did I save NOTHING. So if you want to spend more money, work hard to load and clean a stove and increase the risk of burning your house down then you truly are an IDIOT. Sometimes the truth hurts. I believe this site has been infiltrated by the pellet industry and their propaganda has disillusioned many of you.
 
Shall we say another burnt tax payer from Jersey
 
  • Like
Reactions: killie11 and Jocko1
don't forget to add the cost of getting the Oil furnace serviced each year cheap oil or not...
btw: if your not going to use pellets anymore, why come to the forum...?::P

Did my oil furnace service this spring. Nozzle, filter, flange gasket $12.12 with tax. labor free.
 
  • Like
Reactions: skibumm100
6498fafa3cf4ac737d29b9a17e9bef12.jpg




...couldn't resist.
 
Probably going to have some global cooling with all the fires in Canada and California. I have never seen ash fallout from a fire over thousand miles away till this year.
 
I will tell you why now. When I was looking to reduce my heating costs I found this forum and I was persuaded by many of you to give a pellet stove a try. I spent 5000 dollars on a stove and then had to use my entire garage to store pellets, load the stove up everyday (sometimes more) and clean the stove once a week, and what did I save NOTHING. So if you want to spend more money, work hard to load and clean a stove and increase the risk of burning your house down then you truly are an IDIOT. Sometimes the truth hurts. I believe this site has been infiltrated by the pellet industry and their propaganda has disillusioned many of you.

The pellet propaganda has definitely pulled the wool over many eyes.
Not so much back in the 80's, but now.
Go into a Harman dealer and ask to see a wood stove.
They will look at you like you have 3 heads!!
No $ to be had. Initial sale less, and no parts, riduculously priced fuel etc, in future sales...
 
cod is $1.72 in the New Haven area.

We don't have those in MD but will my stove burn crabs?

Or is "cod" an acronym for something?
 
Not sure about prepay but cod is $1.72 in the New Haven area.
where do you see those prices?, newenglandoilprices.com does not reflect that
 
I will tell you why now. When I was looking to reduce my heating costs I found this forum and I was persuaded by many of you to give a pellet stove a try. I spent 5000 dollars on a stove and then had to use my entire garage to store pellets, load the stove up everyday (sometimes more) and clean the stove once a week, and what did I save NOTHING. So if you want to spend more money, work hard to load and clean a stove and increase the risk of burning your house down then you truly are an IDIOT. Sometimes the truth hurts. I believe this site has been infiltrated by the pellet industry and their propaganda has disillusioned many of you.
You tellum the truth!, I was lucky got in early and only paid $1800 for my whit in 1998, pellets were $134 a ton for year's, my house then was electric heat and was burning wood for 10 yrs, got sick of the stacking and carrying wood, bought a pellet stove and now I'm sick of buying/stacking/cleaning pellet stove, my back is shot and carrying a 40lb bag to load before work suck's! it was a novelty, it's wearing off fast.....my kids 22 and 19 have NEVER lived there lives in a evenly heated home, freeezing in one end hot in the other end...NO MORE!!
 
You tellum the truth!, I was lucky got in early and only paid $1800 for my whit in 1998, pellets were $134 a ton for year's, my house then was electric heat and was burning wood for 10 yrs, got sick of the stacking and carrying wood, bought a pellet stove and now I'm sick of buying/stacking/cleaning pellet stove, my back is shot and carrying a 40lb bag to load before work suck's! it was a novelty, it's wearing off fast.....my kids 22 and 19 have NEVER lived there lives in a evenly heated home, freeezing in one end hot in the other end...NO MORE!!

OK, your points are taken , but you do make it sound a bit exaggerated.
Sure , at this point in time , at least for many folks it would seem utterly foolish to invest in a new multi thousand dollar pellet stove when you have low oil prices and the ever increasing cost of pellets.
Personally I feel secure with 5 tons of super premiums stacked in the shed and my used $400 P38 in the house . I might need it again before long.
We are all at the mercy of the fuel industries. In 1970 I built my house with electric heat (me being an electrician). In 95 my elec bill was approaching 3k a year so I converted to an oil boiler (BB) . This spring the gas co did a survey of the street to determine if enough users would convert to gas if they ran a main in the street . I was one of only three who responded with a yes. Needless to say a gas main will not be installed on my street. Looks like I`ll be heating with oil, pellets, or both for a while.
.
 
OK,your points are taken , but you do make it sound a bit exaggerated.
Sure , at this point in time , at least for many folks it would seem utterly foolish to invest in a new multi thousand dollar pellet stove when you have low oil prices and the ever increasing cost of pellets.
Personally I feel secure with 5 tons of super premiums stacked in the shed and my used $400 P38 in the house . I might need it again before long.
We are all at the mercy of the fuel industries. In 1970 I built my house with electric heat (me being an electrician). In 95 my elec bill was approaching 3k a year so I converted to an oil boiler (BB) . This spring the gas co did a survey of the street to determine if enough users would convert to gas if they ran a main in the street . I was one of only three who responded with a yes. Needless to say a gas main will not be installed on my street. Looks like I`ll be heating with oil, pellets, or both for a while.
.
Why your nieghbors wouldnt respond to the gas offer is crazy. Pellets aside. Gas is the way to go. I would have never purchased my house if itwasnt natural gas and town sewer. Id pay any amount of money I had in my savings to get gas lines if I didnt have them
 
Always said I will never have gas in this house. Grew up with it but I have never seen a wood pile or stack of pellets explode and level a house.
 
  • Like
Reactions: Z33
I think it all depends on locality for both oil and pellets.

You can say that again!!

Where I am, when the price of oil dropped, the governments just jacked up the taxes and the refineries and retailers jacked up their prices and kept the difference!

Right now, the price of gas, diesel and fuel oil is pretty much exactly the same as it was when oil was at about $90 per barrel!!

Gas is $4.82 per US gallon
Diesel is $4.44 per US gallon
Heating oil (delivered) for 250 gallons delivered at once is $4.28 per US gallon

I am terrified of what would happen to gas, diesel and heating oil prices if oil went back up to $95 a barrel!! Probably $10 a gallon gasoline!!

By the time my oil tank is empty, I'll be ready to convert the boiler to pellets!!

Pellets were running up as high as $350/ton last winter, then dropped to $314/ton around mid May then dropped again to $250/ton on July 1st. Mid July they dropped to $200/ton and now they are back up to $330/ton. I am using prices of the same brand of bagged pellets for comparison, so it isn't an issue of different types or brands of pellets.

Luckily I got all I need for this winter, plus an extra 2 tons just in case, when the price was down at $200/ton. I also got them to throw in free delivery because I bought so many at once (8.5 tons).
 
  • Like
Reactions: PinetreePellets
Always said I will never have gas in this house. Grew up with it but I have never seen a wood pile or stack of pellets explode and level a house.
It only explodes when someone working on It dosent know what there doing and has no buisness working on it. Or when someone has no common sense how to react to a gas leak. Ive worked on gas and have used gas for 20plus years and im here talking with you today.
 
It only explodes when someone working on It dosent know what there doing and has no buisness working on it. Or when someone has no common sense how to react to a gas leak. Ive worked on gas and have used gas for 20plus years and im here talking with you today.

But what about tomorrow? :eek:
 
Status
Not open for further replies.