Ladies and gents, I just called for a home heating oil delivery this morning, the going price is 2.71gal >150gal in my area NNJ.
While I have enough oil to last me well into the new year, I foresee a lot of turbulence in the market in the coming weeks (Hurricane Harvey shut down a ton of refineries and pipelines that supply home heating oil)
The weather forecast isn't looking to good either, another Hurricane in the Atlantic is forming and seems to be sliding more east in the long range, I'm not fear mongering but the way the markets react, the prices to heat a home maybe going up.
To those who are on the fence with installing a new stove, or upgrading an existing one but are just waiting, now's the time to pull the trigger. We saw the same exact thing after hurricane Katrina hit the gulf, cheap fossil fuel prices shot sky high, many people (including my parents) decided in September / October that they wanted an alternative source of heat to counter the cost of oil / gas, unfortunately it was to late, many stove installers were fully booked and running low on stove stocks; my father ordered his basic insert at the end of September and they were finally able to have it installed at the end of February due to the stove being out of stock.
While I have enough oil to last me well into the new year, I foresee a lot of turbulence in the market in the coming weeks (Hurricane Harvey shut down a ton of refineries and pipelines that supply home heating oil)
The weather forecast isn't looking to good either, another Hurricane in the Atlantic is forming and seems to be sliding more east in the long range, I'm not fear mongering but the way the markets react, the prices to heat a home maybe going up.
To those who are on the fence with installing a new stove, or upgrading an existing one but are just waiting, now's the time to pull the trigger. We saw the same exact thing after hurricane Katrina hit the gulf, cheap fossil fuel prices shot sky high, many people (including my parents) decided in September / October that they wanted an alternative source of heat to counter the cost of oil / gas, unfortunately it was to late, many stove installers were fully booked and running low on stove stocks; my father ordered his basic insert at the end of September and they were finally able to have it installed at the end of February due to the stove being out of stock.
