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Heating Oil was at $1.85 a gallon, It's on the rise again!!! $2.09 today http://www.cashoil.com/

Post in 'The Pellet Mill - Pellet and Multifuel Stoves' started by sydney1963, Nov 14, 2008.

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  1. Lorilooo

    Lorilooo Member

    Joined:
    Aug 18, 2008
    Messages:
    102
    Loc:
    North Central CT
    I totally agree!! :)

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  2. Jakethepup

    Jakethepup New Member

    Joined:
    Aug 3, 2008
    Messages:
    94
    Loc:
    Central Kentucky
    Since this is my first Pellet Insert, I am going to burn it, but I really never intended for it to heat the whole house. I am locked in at 2.89 cents per gallon for propane, so even it it goes down in price I am stuck with the price and I have already pre paid for this heating season, with that said, my hope is when the Southern States comes by to do the fill up I will be using less propane, doing my part or at least helping to reduce the amount of money I place in the hands of those oversea people.

    To be honest I like the heat better, I know heat is heat but it feels warmer, and I can back by butt up against the insert and get warm all over unlike having to stand over a vent. I also enjoy watching it burn, sometimes I find I watch the insert burn and forget about the TV. Unless pellets really increse in price I will be burning them for a long time to come.
  3. welshcob

    welshcob New Member

    Joined:
    Sep 30, 2008
    Messages:
    56
    Loc:
    Capital District, NY
    Here in New York heating oil is still more expensive than it was last year, even though the price of crude has taken a steep drop. Anywhere east of Rochester it's still over $3 per gallon.

    http://www.nyserda.org/Energy_Information/nyepd.asp

    I need oil for DHW, keep waiting for it to drop so I can fill the tank but currently the heating oil dealers are charging the same as diesel fuel at the gas station. Just makes you want to grumble at somebody....
  4. Steveo

    Steveo Member

    Joined:
    Jun 6, 2008
    Messages:
    246
    Loc:
    Maine
    I have four tons of pellets, well I probably burned 1/2 a ton already but I just bought 100 gallons of oil for $225.00 and will buy another 100 gallons when it goes a little lower. I will keep on burning my pellets and I will use the oil to run the boiler for hot water. If the pellets come down and get really cheap I will buy as many as I can get my hands on so that I can be king of the pellet pigs lol.
  5. tinkabranc

    tinkabranc Minister of Fire

    Joined:
    Oct 23, 2007
    Messages:
    1,641
    Loc:
    South Coast MA
    LOL :lol:
  6. camdids

    camdids Member

    Joined:
    Sep 14, 2006
    Messages:
    196
    Loc:
    Very North and Very East Mass.
    I was just cleaning mine and the Oil Truck turned up. $2.55 if I pay within 5 days. He only got 95 gallons in. Havent had a delivery that small in 7 years.
  7. globewyre

    globewyre Member

    Joined:
    May 24, 2008
    Messages:
    87
    Loc:
    North, NJ
    My oill company price is $3.04 today. With a lock price of $3.58. It seems oil is not cheap everywhere.
  8. Dougsey

    Dougsey Feeling the Heat

    Joined:
    Aug 3, 2006
    Messages:
    333
    Loc:
    Epping, NH
    I'm pretty low on oil and getting my tank filled today @ $2.59/gal. Will be used for DHW only.
  9. imacman

    imacman Guest

    Go for it Steveo...LOL...the throne is open. I think eernest4 doesn't want the job after all. :lol:
  10. wahsega

    wahsega New Member

    Joined:
    Dec 14, 2005
    Messages:
    33
    Never going back!
  11. cac4

    cac4 New Member

    Joined:
    Jul 11, 2008
    Messages:
    376
    Loc:
    Essex County, MA
    could be worse...

    my oil tank is full of $5 oil. (yeah, thats right. I think the @%$*@s filled it the very day that oil topped 147/barrel). filled in May or June...which of course, means that I haven't burned very much yet. So now that oil is down to $2, can I stock up? NOOOoooo. my tank is nearly full. got no place to put it. Maybe I can get them to bring it to me in cans, so I can make stacks and piles of them in every spare nook and cranny of the house, like I did w/ the 3 tons of pellets in the basement. :mad:
  12. rayttt

    rayttt Feeling the Heat

    Joined:
    Jan 11, 2008
    Messages:
    352
    Loc:
    poconos pa
    current local price is 2.79 a gallon...thats a bit higher than it was when I decided that I need
    a cheaper method and went to pellets...so It will have to drop down near 2 bucks a gallon before I'll buy more..
    I've used about a cup this year so far..when I turned the furnace on..and verified all was good, then turned it back off..and am burning the pellets I have on hand.
  13. moralleper

    moralleper New Member

    Joined:
    Aug 24, 2006
    Messages:
    173
    Loc:
    Kalama, WA
    The correct answer should be never. By not using oil you are not driving up the price. Part of the price drop is the drop of world consumption. By continuing to use Pellets you are supporting local business, yes I know the trucks that carry the pellets use fuel but so does the truck that brings you heating oil.
  14. control1

    control1 Member

    Joined:
    Aug 24, 2008
    Messages:
    114
    Loc:
    bucks co pa
    I burn 1 bag of pellets a day cost $5. When I use oil I burn 5 to 7 gallons a day, granted I am only heating the downstairs and the upstairs is cold with the stove.
    So if I was to use oil only it would cost me say 6 x $2.29=$13.74 per day as oppossed to $5 for the pellets. I do turn on the oil heat for maybe a half hour before the kids go to bed to take the chill out of the upstairs once it gets warm I turn off the furnance, I think this is the most economical way to heat now you have even heat through out the house and you have burnt 1/2 a gallon of oil
  15. drizler

    drizler Minister of Fire

    Joined:
    Nov 20, 2005
    Messages:
    957
    Loc:
    Chazy, NY 12921
    Up here in in the land of skyhigh taxes the local price is now $2.79 for oil. Lets see, the price of a barrel has dropped like a stone recently and yet they finally had the decency to drop the gas down from $2.89. Something smells really bad here. Last night the price of wholesale unleaded gas at the rack in Montreal where it all comes from was $1.9ty something. Why so damned high for oil. I turn my Peerless boiler on a couple times a day to fill the hot water tank and that's it. It looks like I will be continuing that tradition. I have been burning diesel in 5 gallon cans for the past 2 months which I am going to continue. What a rip off!!!!!!!!!!
  16. slls

    slls Minister of Fire

    Joined:
    Jun 9, 2008
    Messages:
    1,457
    Loc:
    central maine Lat 45
    Time for a second tank, in Maine we are allowed 3- 330 gallon tanks in the cellar.
  17. cac4

    cac4 New Member

    Joined:
    Jul 11, 2008
    Messages:
    376
    Loc:
    Essex County, MA
    There's no room, with all the pellets!! :lol:
  18. ksting

    ksting New Member

    Joined:
    Sep 21, 2008
    Messages:
    71
    Loc:
    Central Connecticut
    I know this is a pellet thread and I'm a wood stove owner but my wood is free so...
  19. itworks

    itworks New Member

    Joined:
    Jul 23, 2008
    Messages:
    206
    Loc:
    Southwestern CT
    Hey KO do the trees fall down, age, cut, split and transport themselves to your stove. If they do, than your fuel is truly free.
  20. sydney1963

    sydney1963 New Member

    Joined:
    Oct 4, 2008
    Messages:
    770
    Loc:
    Windham Maine
  21. ksting

    ksting New Member

    Joined:
    Sep 21, 2008
    Messages:
    71
    Loc:
    Central Connecticut
    All it costs me is my time and the exorcise helps to burn calories!! :)

    P.S.
    I'm sure I'll end up with a Pellet stove eventually but right now I'm happy with the semi-free wood!
  22. itworks

    itworks New Member

    Joined:
    Jul 23, 2008
    Messages:
    206
    Loc:
    Southwestern CT
    Thanks for the posting, unfortunately they don't service my area.
    You've pointed out another reason to become a Maniac.
  23. itworks

    itworks New Member

    Joined:
    Jul 23, 2008
    Messages:
    206
    Loc:
    Southwestern CT
    If you do switch to a pellet stove, and you can continue to exorcise your fuel, then once again you'll continue to have semi-free fuel

    P.P.S

    Please don't take offense, I'm just havin a bit of fun after a very tough week
  24. DiggerJim

    DiggerJim Feeling the Heat

    Joined:
    Jul 29, 2008
    Messages:
    497
    Loc:
    Northcentral Connecticut
    How about this? Your dealer may have filled his tanks for $3.50/gallong a month or so ago. Except his tanks have 100,000 gallons in them. How long do you think it'll take him to get rid of that $3.50/gal oil delivering 100 gallons at a time? Or do you think he should mark it down to $2.50 and lose a hundred thousand dollars?
  25. hoverfly

    hoverfly Minister of Fire

    Joined:
    Jun 26, 2008
    Messages:
    556
    Loc:
    Southern NH
    On Monday I called my regular oil dealer and asked how much per gal after she replied $3.09 a gal I said thank you and have a nice day. Just before I hung up I heard her give out a long sigh....and they wanted me to pay into a budget plan this year!!! Yeah right! Last winter I locked in at $2.69 and they gave me a hard time of delivering later in the winter when prices were over $4.00!! I called another oil company and had it delivered 190 gallons at $2.59 today, something I would not halved done in the past is shop around. I figured I fill up now the price is not unreasonable and it buys me time to wait on to see what happens on pellet prices to make up rest of my heating needs or buy up to another 150 gallons of oil later in the winter. But for now I have bought me some time..........I feel so much better. My parents however locked in over $4.80 for 480 gallons.........Ouch!!
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