lessoil said:WOW!!
The oil dealers that had people lock in at $4.50 with insurance are going to have fun with this.
Was this going to happen anyway or did the "Pellet Craze" have something to do with it?
The demand for oil didn't go down did it??
Based on the heat output oil vs pellets (120 gals = 1 ton of pellets) oil would have to be
at $2.10/gal to be equal to a ton of pellets @ $250/ton.
Or, pellets would have to go to $425/ton to be equal to oil at $3.75/gal.
Interesting stuff these oil/gas prices!
Well whatever has caused the prices to go down will be good news to people on fixed income etc.
Also, we will have a second way to heat the house.
I get my oil furnace tuned-up once a year, too. last year, I needed to replace the power vent, to the tune of over $1000....Webmaster said:BUT, if they (like most people) need to get their stove serviced once a year - for at least 150, that is the savings from 3 tons gone (most people burn this or less).
Webmaster said:Harman sat with 20,000 stoves in the warehouse in 2007...
90durham said:The thing for me here up North of the border is that the current price is still well above $5.00 for a US gallon( I burn about 800 imperial gallons per season), this will remain throughout the season as there is no competition among suppliers and I can get pellets supplied for about $250.00/ ton delivered.
My basic math has me saving approx $1200.00 to $1500.00 this season, if the price of oil falls then all the better. We will still have a beautiful addition to our home and all the upsides other the price that the stove delivers.
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