Fuel Oil Prices....

down to $3.10 here. i am suprised it stayed low so long, let alone dropped a bit more.

 

Are you on NStar or NatGrid?

We are in NStar territory and the rates have been fairly stable the last 5 years, going down more often than up. Highest Ive seen the price of gas part is 80 cents/therm, last year it was down to 50c. Delivery portion very stable around 50 cents for an all up running in the dollar to dollar 20 range.

 

Funny you should ask. I have National grid for gas and elect. And when it comes to prices for gas I wouldn't even know.
The only things we have attached to gas are the water heater and the furnace. The HW costs me about $18/mo and I have no use of the furnace for heat generally. I'll have to look at the next statement and see.

 

It's about $3.23 for cash and $3.43 charge

 

Here's a useful website that tracks oil prices in New England

 

$2.99!

 

Don't know the current price. I pumped in a 55 gal drum into my tank after running empty last January, bought a stove that day, had it installed the next, and haven't used any FO since!

 

Here's a good resource.. Click on that and you will see what ULSD (Heating Oil) is trading at. (Yup, ended the sentence in a preposition). Anyway, chart attached below. While people usually expect a run up on prices going into the fall, the price has been falling. This may have something to do with demand, but a lot of it, as in other commodities, is the strong move in the dollar. The heating oil companies probably filled their tanks 4-6 weeks ago expecting prices to go up and now are hesitant to lower their prices and take a loss.. I've got 1/4 of a 275gal tank left. I plan to pull the trigger to fill it when the local prices here are sub $3.


The three charts below are Yen, Euro and British Pound against the US Dollar. Since the $ is in the denominator, it shows how each of these currencies is declining against the dollar... Kind of looks like the heating oil chart huh?

What's happening now with the dollar looks similar to what happened in the Yen Carry Trade. That's all I have..

 

3.65, filled today. Run "heating oil" as they call it in the equipment.
For some reason can't DIY at the pump and the little girl about cried to see a 300 gal tank to fill. Took nearly 30 mins!

 

+1 LOFL

 

Its up to $3.45 now

 

These guys are in your area and are charging $3.24.. Have you tried to call around?

http://www.economyfuelny.com/

 

Thanks. I still have a full tank of oil. I dont like to pay the oil man..Im a FHC

 

at 21.9¢ / kwh ?

 

No. Oil would be cheaper.

An oil water heater at 70% efficient would take about 10 gallons per 1MBTU. So at $3.49 would be $35 per 1MBTU.

Electric would be 293 KWH per 1MBTU so at $.219 would be about $65 per 1 MBTU.

A hybrid electric might be slightly less expensive than oil.

 

What is this "fuel oil" thing everyone is talking about?

 

Cash

Charge



Fuel Oil

2.199

2.399

We haven't bought any in 5 or 6 years so maybe it's time.

 

The range is $1.879 to $2.099 here... Here's a new chart...

 

Our area has gas at the pumps at 1.239 litre or 4.95 US gal. 156 miles away the price at the pumps is 1.089 or 4.356 US gal. Costco makes the difference at the lower price but it still doesn't make a whole lot of sense. We don't use furnace oil so I can't say what the price of that is.

 

So does FIREWOOD!