Charlie, first, welcome to the Hearth and the good old USA.
Surprised nobody has asked to see the flue outside the house for the basement install. That will be important when deciding what to do with that setup.
Is it possible to get a pic of that? Also helpful would be a sketch of the layout of the house.
I would have to echo the posters who mentioned the need for DRY firewood. That should be your first goal. Get it now.....or barring that, yesterday.
We use about 4 1/2 cord/yr. here, and have (give or take) for the last 6 years in Northern Michigan.
Surprised nobody has asked to see the flue outside the house for the basement install. That will be important when deciding what to do with that setup.
Is it possible to get a pic of that? Also helpful would be a sketch of the layout of the house.
I would have to echo the posters who mentioned the need for DRY firewood. That should be your first goal. Get it now.....or barring that, yesterday.

We use about 4 1/2 cord/yr. here, and have (give or take) for the last 6 years in Northern Michigan.
Id put an insert in that open fireplace and go wood as primary! Even buying semi seasoned wood you would be cheaper! Whats fuel oil now $3.50 gallon! that would mean that you will spend $500+ dollars a month on oil each month. Even if you bought primo REAL seasoned hardwood you will come out way cheaper than that! like half that !