Submitted by Hppycmpr1 t3_yie53c in Connecticut
Comments
JayB2A t1_iujfh78 wrote
Buy a woodstove. It's going to get really bad in the next few years for people with oil heat. Government wants us off of fossil fuels, but we have no alternative at this time. Can't go electric, or eversource will take every penny you have, and gas isn't available in most places.
2020sucks86 t1_iuk9b3i wrote
Almost seems like a terrible idea
Gefilte_Fish t1_iuiywd2 wrote
It happened for a bit last year too. I made weekly trips to the gas station to keep my heat going. Right now I see heating oil between $5 and $5.25 or so, and diesel around $5.75.
One is profits. Oil companies take a percentage of the cost in profit. 15% of $2.50 is $0.37, but 15% of $5 is $0.75. Yet we have to buy the same number of gallons to heat our homes. You'd think heating oil and diesel would come from the same places though.
Supply chain lag? I'd think most local oil companies are dealing with a lot more volume than your local gas station.
OneDifference6619 t1_iuk0s8u wrote
7-day with 4 setpoints per day thermostat and learn to layer plus plan to change. We converted to propane, insulated and live cooler. Adjust temp if needed and thermostat resets at next time point so no need worry about setting the temp. I do not miss the cost, noise and maintenance.
gatogrande t1_iuie893 wrote
Pretty weird, hua? I've never seen this before. The shortage/rationing is messing with the market.
Mental_Grapefruit726 t1_iuixrwe wrote
The demand for heating oil is much much higher
blaze1234 t1_iujbmqt wrote
And you can't choose to buy another hundred miles up the road
[deleted] t1_iuiy4ew wrote
[deleted]
blaze1234 t1_iujbor2 wrote
They had to lock in their prices months ago
pyspark2020 t1_iujfkd5 wrote
I switched to Natural Gas on 2019. Best expense ever really. My oil furnace was from the 1960 and my heating bills were thru the roof.
I remember my pain back in 2008? when heating oil were about $4 per gallon.
KaleidoscopeDown t1_iuipyor wrote
Supply and demand. People are switching.
koushunu t1_iuixg7g wrote
More people need it versus company need.
PMO177 t1_iujtl59 wrote
FJB
red_purple_red t1_iuic5bq wrote
Heating oil is designed to burn cleaner than diesel.
gatogrande t1_iuijikv wrote
Oh? news to me...how?
p0ppyshmurda t1_iuiopx0 wrote
It’s not designed differently nor does it burn any cleaner, it’s simply dyed a different color and taxed differently
gatogrande t1_iuipm6w wrote
Bingo! I was just curious about the yarn red was going to spin
Synapse82 t1_iuiqre7 wrote
According to my oil company, it’s cleaner because they put additives in it that also clean my oil tank and lines!
ForeverFinancial5602 t1_iuj7ef3 wrote
LOL that’s bullshit. I’m in the trade. The only additives they put in is an anticoagulant and it actually makes it burn slightly worse, however it can go into lower temperatures before it starts to gel up.
Synapse82 t1_iuj7z9r wrote
Interesting, they sold it as “BioHeat Heating Oil” which was less sulfur and an additive like Lucus tuneup in a bottle.
Doesn’t surprise me, my oil tank is like 60 years old so it wouldn’t matter anyway. But that was their justification for the higher oil prices
ForeverFinancial5602 t1_iujoayb wrote
Bio heating oil is different. It’s made by blending ultra-low sulfur heating oil with biodiesel which is made from soy, other vegetable oils, animal fats, recycled restaurant oils and other recycled grease sources.
Synapse82 t1_iujsngc wrote
Well, that to me. Seems less desirable. Thanks for the info lol
TreeEleben t1_iujg976 wrote
Also remember that on December first, gas prices will go up by 25 cents a gallon. This is due to the tax break expiring.
It's going to be rough this winter.