Glad I'm Burning Pellets

[MattCorrow]

the 2 home cheapos around me are 279 a ton. sometimes I wonder about some posts

At home depot, regular price would be 250/ton, but they overbought for last year, and were clearing those out for 176.00/ton (3tons or more).. I got 7 tons myself. Of course you'll need to store them now instead of late summer/fall..

I can verify that the 176/ton price was real. Not sure if they still have any...

 

[bogieb]

the 2 home cheapos around me are 279 a ton. sometimes I wonder about some posts

Mid February HD was blowing out their pellets in a lot of areas. I got 6 tons and paid them $80 to deliver in early March - for a total of $1,140. Had to get the town road agent to approve the delivery since roads were posted. Snip from website was taken 2/13/2022 and the paid invoice is from 3/4/22. Once they got their excess inventory taken care of, HD did go back up in price

 

[aviator79]

the 2 home cheapos around me are 279 a ton. sometimes I wonder about some posts

There was end of season clearance prices that were posted on here. I missed. Local HDs had but never confirmed were the same ones he got which were from Maine or some known good mill. Was like $170/ton if bough 3 tons of suposedely good hard wood pellets so was crazy good deal. I had wanted to buy but where to put. I know can use QR scanner to tell where from (like to check TSC bags) but i think these were clearly marked as from Maine...have to find post. I would have had to store outside (covered) so would have absorbed some mosture but still worth it at that price if they were decent pellets. Now stuck with $3-400/ton prices. Better than oil but still crazy over priced imo.

 

[MattCorrow]

Yes, I had to figure out how to store the 7 tons I bought, but I got it worked out. They do seem to be fairly well wrapped, so they could stay outside with a tarp over.. sorry you weren't able to take advantage. Maybe they will overbuy again this year..

 

[peakbagger]

The strange thing is the heating oil future for January are lower than they are right now.

 

[bogieb]

The strange thing is the heating oil future for January are lower than they are right now.

Well, oil future prices are sentiments/expectations. Every little thing affects them. Weird as it seems, expectations of a recession would mean reduced demand. Also oil prices tend to fall just before an OPEC meeting (which is set for Monday). If OPEC reduces output, then futures could rise again. **

**Warning, I'm an google-fu expert only. All opinions expressed in this post are the opinions of supposed experts that I uncovered