Without getting political, am I the only one who gets the hunting suspicion that heating fuel prices by say September/October of 2021 are going to be sky high? I think wood burning will be more popular than it has been for a long time. Gas and diesel are already up at least .50 cents/gallon here and rising daily. I could see it at or near $4/gallon by this coming fall. All the people who laughed at my wood hoard will probably be the ones asking if I have extra wood!!! I think not!!!
Yes, fuel gas is up to 2.50/ gal here for 87 octane. It shot up 15¢ a gallon yesterday from Sunday. It's been going up steadily every day over the last couple of weeks. LP has gone up quite a bit too. I'll continue to have my 5 cords ready per year at this house. That's what I can do.
I only top off my fuel oil tank every 5 years or so trying to hit when the price is low. I had a feeling this was the year and I was right. I hadn't had my tank filled since 2014. 167 gallons @ 1.83. Bet we won't see that price for at least 4 years.
I had a guy stop by the other day asking if I sold wood. I gave him a price and he asked if I could deliver today. I said no it’s pouring rain and the wood will get drenched. He said my heater is broken, I need some today. He had an SUV, so we packed the back and he asked if he could get some more this week. I’m prepared to make fistfuls of cash next winter if demand is higher. Wood prices are depressed imo in my neck of the woods anyway.
Diesel is the first to go up when prices start going up. Then the rest follow. I'll probably be running e85 in my truck since that fuel costs a lot less. Sure, you get less mpg (and moar power) but the cost per mile is what I look at. E-85 is $2 a gallon locally and at that same station 87 e10 is 2.50. if I go to a different station, a couple miles away, I can get e85 for a good 20¢ less per gallon. At 50¢ a gallon less, it is just barely a savings for me to run e85, but at 70¢ a gallon less, then it's worth it.
All signs point to higher prices.... I’m going to continue utilizing the wood stove as much as possible to offset the cost of heating oil. Since I use less than a tank per season, it’s not going to break me if oil prices go through the roof. I’ll probably look into making my house a little more efficient too with more insulation and better windows. It all adds up.
We're sitting at $2.95/ gallon for 87 octane. Pennsylvania = the state of high gas, horribly maintained roads and a crap governor. Fuel prices are going to be $4.00 by july in this state. Hoard on my friends.
I am sure going to have a firewood burning stove just hope they don't start bumping their prices up, also am going to invest in a new chainsaw and some good means of handling the cuttings along with a splitter could be in the plans.
It seems to run in cycles. I can remember when no one had wood heat in the early 1970s, only oil, then the 1973 oil embargo hit-it was wood heat and electric heat. Wood heat popularity continued until the 1980s, then it was back to oil and electric thermal storage units (my house was built in the early 1970s-I have electric baseboards supplanted by the storage units.) The 1990s until now saw oil continue with wood pellets and some coal burning gaining converts. The 2008 boom in oil prices saw renewed interest in wood, especially outdoor boilers, as well as some geothermal. I expect wood will make a comeback with the current trend in pricing. All the above is relevant to the rural areas of the Southern Tier of NY (no natural gas available)-have lived here all of my life, cut wood with my late Father and brother-they both have sold firewood on and off over the last 45 years (I've seen that market grow and shrink and grow again), and my being around new home construction through their excavation business-seeing what people were installing.
With rising prices, will be doing all the cooking we can on the wood stove. Even preheating water like for coffee is useful. Or preheating cast iron pans before use on the range. Am feeling the motivation to hustle a lot of wood this summer....already had a surprise "help we're low on wood' call....and we're not ready for selling. Have enough for us for 3 years, but not enough to see a cord disappear out of any one year just yet. Hoarding hard. Sca
I plan to be in a new residence nest winter, so yeah, things will be a lot different. Oh yeah, I'm taking my firewood with me!
Yes prices are going to continue to go up. They were projecting in November that natural gas was going to see an increase in 2021 well it has gone up ridiculously in the last few days. But they do have a good excuse. Can’t let that crisis go to waste. Washington states just tried to pass a bill that would eliminate CNG as a whole in the state and parts of California are pushing for that too. I don’t see it getting better for a while but it’s all part of their plan!
I think they will in my area back in the summer propane was selling for about 2.25 a gallon last time I check with our local supplier it was at 3.19 a gallon. That’s why I love burning wood so much. I control the cost some what I guess.