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Old 10-06-2008, 01:06 PM
 
146 posts, read 581,110 times
Reputation: 88

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I'm looking for an oil contract and had to make several calls during lunch. Here's what I uncovered. Any thoughts on the companies or pricing would be appreciated.

Looking back, I should have found out what the payment options are.

October 6, 2008

PETRO

Fixed one-year contract @ $3.599 (termination fee of $595)
Variable one-year contract with cap @ $3.949 (termination fee of $399)
$130 service contract
Tried to get me to buy immediately.

ASTRO

Variabe is only option.
Current $3.799
New homeowner gets $.30 off per gallon
Free service contract
Guy expects price of oil to continue to drop.

BLUE DIAMOND

Fixed one-year contract @ $3.899
Variable one-year contract with cap @ $4.19
Current $3.259

PERILLO
left message

RANSHAW
left message

GENERAL UTILITIES

Fixed one-year contract @ $3.599 (until 6/30)
$99 service contract
Free tune-up before deliveries start
Current $3.249

Hope some of that helps.
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Old 10-06-2008, 01:10 PM
 
19 posts, read 26,186 times
Reputation: 15
What an enormous favor you are doing for so many people. I use natural gas, but on behalf of the others - thanks!
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Old 10-06-2008, 01:23 PM
 
116 posts, read 385,837 times
Reputation: 60
What happens when you don't want to sign a contract, but pay COD? Is there a difference in price?
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Old 10-06-2008, 02:11 PM
 
Location: Kings Park & Jamesport
2,438 posts, read 5,579,377 times
Reputation: 435
Looks like oil is going to plummet.......I think I would pay COD....although it a pain in the neck.
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Old 10-06-2008, 02:14 PM
 
1,789 posts, read 2,676,862 times
Reputation: 1613
Best bet looks like getting a 1-year contract, but with the price varying at each delivery. As the economy weakens and the dollar strengthens, the price of heating oil should come down (I think). Most of these oil companies are pretty honest. They typically make the same profit per gallon, irrespective of the price they charge you.
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Old 10-06-2008, 08:31 PM
 
1,701 posts, read 2,027,604 times
Reputation: 546
Petro's service has been great to us. we had several problems they came right away. As for pricing they told us one thing over the phone then when the paperwork got here it had a higher price on it. Other than that they've been great.
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Old 10-08-2008, 07:40 AM
 
Location: Eastern Long Island
1,204 posts, read 2,881,500 times
Reputation: 616
I ordered 175 gallons from JC Discount yesterday 10/7 for $2.89 a gallon.
I carry my own contract & buy COD. We have a pellet stove so I'm hoping to only fill up once this year.
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Old 10-08-2008, 07:43 PM
 
75 posts, read 189,305 times
Reputation: 28
I have a contract with Petro right now at $4.44!!!! Anyone have any luck breaking a contract with them without having to pay the termination fee.

I'm a little freaked to see your quotes in the $399-595 range. I thought mine was only $199!! My service contract was only $99 though.
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Old 10-08-2008, 07:50 PM
 
Location: Sound Beach
2,155 posts, read 4,548,638 times
Reputation: 836
At risk of getting OT here...I talked to All-Island fuel today (in Shirley) They do not have contracted prices...they do only COD. They claim to set their daily fuel price after looking at other companies prices...and typically end up lower. They also have a guy who does annual servicing of oil burners for $135 including parts. He is coming to my house next week so I'll let ya know.

Their fuel price today was $3.15 (2.89...Go Kelly!!!).

Just FYI.
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Old 10-08-2008, 08:23 PM
 
Location: Eastern Long Island
1,204 posts, read 2,881,500 times
Reputation: 616
Quote:
Originally Posted by alexei27 View Post

Their fuel price today was $3.15 (2.89...Go Kelly!!!).

Just FYI.
I called Monday & got $3.15, but that was before they got their afternoon price which would reflect the steep drop on Monday. I was thinking it would continue to drop tuesday but I heard early in the am oil was trading up in asia & I knew the price would go up after the market here opened so I called JC Discount around 7:30 am & got $2.86...I typed wrong LOL.

I also got one ton of pellets from Medford Lowes Tuesday evening-Woo-Hoo!
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