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We wish we had better answers. The energy market is so volatile right now that heating oil
prices have gone up and down 10 cents a gallon or more in as
little as three days.
- If real disruptions do occur
in the Middle East, crude oil prices could rise even higher.
If current fears prove unfounded, or if supply increases,
crude prices could plummet, which would eventually cause
heating oil prices to drop as well. And of course, the
weather will play a role during the winter because it
affects demand.
- People sometimes forget that
over the last seven years, wholesale heating oil prices have
twice dropped as much as 17 cents per gallon in the winter.
And in real dollar terms, the price of heating oil is half
of what it was in the ’80s.


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Make sure your system is
operating at peak efficiency by having our professional
technicians perform a comprehensive 19 point tune-up. |
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Consider upgrading your
burner, furnace or boiler to a new high efficiency model.
You’ll save money this winter and for years to come. |
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Ask us to install a
programmable thermostat to reduce your fuel consumption. |
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Check your home for drafts
which rob it of heat. |
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Remember the value of
quality service. When temperatures are frigid, service
response and fuel supply matter much more than a temporary
discount on the cost of oil. |
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Don’t be fooled by low price
incentives. Most full service oil dealers operate with
similar profit and cost structures. Once new customer
incentives end, you’re back to regular rates. And with oil
prices and supplies this volatile, it’s a particularly risky
time to become a brand new customer. |
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“Consumers who
switch from oil to gas continue to use the same
amount of energy to heat their homes and water.
The cost of switching is likely to be a complete
loss. If you take steps to use less fuel...you
will start saving money immediately and you will
continue saving as long as you live in the
house.” — Ellen Berman,
President, Consumer Energy Council of America |
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