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Old 11-21-2011, 11:48 AM
 
815 posts, read 1,749,342 times
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This year's ceiling price of home heating oil went from $3.08 to $3.91 per gallon. What is your price for heating oil this year, or more specifically, did it go up by $0.83?
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Old 11-21-2011, 11:51 AM
 
Location: Fifth moon from Nebula
160 posts, read 270,603 times
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Quote:
Originally Posted by Fastrudy View Post
This year's ceiling price of home heating oil went from $3.08 to $3.91 per gallon. What is your price for heating oil this year, or more specifically, did it go up by $0.83?
I go COD. Discount Fuel Oil. Getting delivery today @ 3.44/gallon. Paid 3.48 two weeks ago (got a small delivery to try them out, all went well, getting another today). Had a contract last year, price went one way. UP. Place I used last year's current price is 4.11
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Old 11-21-2011, 11:53 AM
 
9,341 posts, read 24,680,636 times
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For what it's worth, the wholesale price of heating oil closed at $3.03-25/100 a gallon on Friday (November 18).

Retail heating oil prices tend to be at a $0.50 to $0.75 a gallon premium to the wholesale heating oil price as traded on the New York Mercantile Exchange, which would mean that a wholesale price of $3.03 a gallon would indicate a retail price of $3.53 to $3.78/gallon.
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Old 11-21-2011, 12:11 PM
 
Location: Fifth moon from Nebula
160 posts, read 270,603 times
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Quote:
Originally Posted by Walter Greenspan View Post
For what it's worth, the wholesale price of heating oil closed at $3.03-25/100 a gallon on Friday (November 18).

Retail heating oil prices tend to be at a $0.50 to $0.75 a gallon premium to the wholesale heating oil price as traded on the New York Mercantile Exchange, which would mean that a wholesale price of $3.03 a gallon would indicate a retail price of $3.53 to $3.78/gallon.
Guess I did good
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Old 11-21-2011, 12:12 PM
 
1,589 posts, read 2,053,876 times
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locked in at $3.35 ceiling in mid October
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Old 11-21-2011, 12:33 PM
 
Location: Fifth moon from Nebula
160 posts, read 270,603 times
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Quote:
Originally Posted by pidge1114 View Post
locked in at $3.35 ceiling in mid October
What company, if you don't mind...?
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Old 11-21-2011, 12:35 PM
 
Location: Smithtown, NY
1,600 posts, read 3,029,780 times
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Had to change companies to get better price. Old company (Petro) offered 3.99 ceiling. New company(Swezey) 3.69 fixed with free service contract.
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Old 11-21-2011, 12:58 PM
 
1,589 posts, read 2,053,876 times
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Quote:
Originally Posted by Gordon_Byrne View Post
What company, if you don't mind...?
Petro.

Slomins wouldn't even quote me over the phone - I had to leave a number for someone to get back to me - I didnt want to be bothered.

Petro was good, as they gave me $100 credit for signing which I applied to a service contract, which became free.
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Old 11-21-2011, 01:01 PM
 
Location: Smithtown, NY
1,600 posts, read 3,029,780 times
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Quote:
Originally Posted by pidge1114 View Post
Petro.

Slomins wouldn't even quote me over the phone - I had to leave a number for someone to get back to me - I didnt want to be bothered.

Petro was good, as they gave me $100 credit for signing which I applied to a service contract, which became free.
Wait until next year, even if wholesale prices are the same as they are now, Petro won't touch that price again with a ten foot pole. I've had to leave them a couple of times in the past and always get a great price when I return as a new customer. Thats a great price, good for you.
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Old 11-21-2011, 01:05 PM
 
Location: Fifth moon from Nebula
160 posts, read 270,603 times
Reputation: 73
Quote:
Originally Posted by nassau2suffolk View Post
Wait until next year, even if wholesale prices are the same as they are now, Petro won't touch that price again with a ten foot pole. I've had to leave them a couple of times in the past and always get a great price when I return as a new customer. Thats a great price, good for you.

I've heard this, also heard these places make it impossible for you to escape their contracts. I just don't like being tied down. But it is a great rate to be locked in at. Did you have any issues getting out when your contract was up?
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