With the volatility of oil prices right now, I am not sure I would lock in right now unless I could get a guarantee that if prices drop then my pre-buy price would as well.
Last year, people were getting smoked due to the rapid rate the oil prices bought. Those who pre-bought at $4/gallon were begging their dealer to drop their price, many to no avail. They were paying $4+/gal for oil priced at far less than that.
Personally I am riding this out, thinking that oil prices are going to drop a bit before fall. That is just my uneducated opinion.
__________________
Getting ready for winter!
|