Heating Oil Company/Resources
I am in the process of doing research on how to handle the oil for my 3-family brownstone for the next 12 months. So far I have contacted my local drop delivery oil COD guy, whose price today is $4.49/gal. There is also Petro who is offering a $4.74 lock or $5.19 cap rate (also…
I am in the process of doing research on how to handle the oil for my 3-family brownstone for the next 12 months. So far I have contacted my local drop delivery oil COD guy, whose price today is $4.49/gal. There is also Petro who is offering a $4.74 lock or $5.19 cap rate (also a $4.29 drop rate, but I’m told that may be a “teaser”), then HEATUSA is at $4.32 today and you sign a 1 year contract. Rates are not fixed with HEATUSA. Finally, there’s an organization called NYIRG. With them you join by filling out an application and submitting a $30 fee, but I couldn’t get anyone on the phone to tell me what their rates look like. Anyway, can anyone else tell me what they are finding/doing for the coming year?
Thanks.
A decline in crude prices isn’t necessarily a bad thing for the large integrated oil companies which refine crude into gasoline. Recently both ConocoPhillips (COP) and Marathon Oil (MRO) have warned about the refinery margins in the second quarter.
For more information visit : http://www.lincenergy.us
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use NYPIRG – I saved a significant amount of money using them a number of years ago (I subsequently sold the building)
Gas and wood inserts into my fireplaces. Unfortunately, I don’t see a way around high oil prices without exploring alternatives.
have you considered switching to gas? I switched a couple of years ago and my bills went down to about half of what they were- (about 700-800 everyt two months in the heart of winter.- so around 2500-3000 on the year) before the recent run up in prices- so probably more savings now- the conversion costs between 4 and 5 grand- typically and the two other benefits are no oil storage and no delivery.
I should mention that last year from September 2007 to June 2008 it cost me more than $5,500 for oil. I can’t imagine what the bills are going to look like this year if I don’t find the best approach.