Just depends on the region and market Mike. Here propane is pushing $3/gal., oil north of $2.5 and cordwood starts at about $180. Even though we have local coal, it is bituminous and no one I know burns it. Pellets at $150-180 make a lot of sense in this market and the price is quite stabile here. No matter how well I burn wood in a brand new Jotul, the pellet stove is always cleaner, by a significant amount. Oh, and my Jotul can't start itself and have the house warmed up when we wake up. My sister-in-law from Mass. thinks we're crazy for getting rid of the pellet stove (maybe she's right!).