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Have you locked in your oil price this year?

Post in 'The Pellet Mill - Pellet and Multifuel Stoves' started by kpereyra, Aug 9, 2008.

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  1. JustWood

    JustWood Minister of Fire

    Joined:
    Aug 14, 2007
    Messages:
    3,520
    Loc:
    Arrow Bridge,NY
    I threw my propane contract in the trash . Prepay went up almost $1/gallon since last year. I filled up in May at the old price. I figure I can get 2 years out of this tank if I burn wood religiously.Put in a small wood stove for shoulder season burning so I don't have to fire the furnace and have all the windows open.

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  2. lessoil

    lessoil Minister of Fire

    Joined:
    May 31, 2008
    Messages:
    726
    Loc:
    Rumford, Maine
    We decided to order a pellet stove before our budget plan arrived.
    At that time oil was pushing $4.80!!
    So, no we did not lock in.

    We paid $2.69/gal last year. We had a "Cash" delivery of 100 gals a month ago.
    $453 for the delivery!! Most if not all dealers around here are adding on .35/gal
    for insurance.(Lock in) Last year when it was an option, the oil prices did not go down.

    The price around here is around $3.99 now.
    Waiting for the dealer to call with an install date.
    Waiting on word about pellets also.
    84 here today so am not worried, yet.
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