Fuel Oil

jeffk · 04-10-2022, 06:01 AM

I just got a fill up and prices have gone up almost a dollar a gallon since February. Your 36 cent per gallon difference between home and here may simply be the continuing price spikes for gas/energy.

It never hurts to look around but if you are not going to buy heating oil for another couple years and you are happy with your company the situation could be completely different by then.

Treating you as a new customer was not surprising, especially the credit check since you are only buying every few years. Prices are significantly higher and a lot of people's financial fortunes have changed due to COVID disruptions and the dems hacks of the economy. The delivery I just got cost $880. At last July's prices it would have been $522, an increase of $358 (+69%). That's an increased financial risk for the oil companies holding outstanding unpaid bills, especially when their costs (cost of product, fuel for delivery trucks, wages, office energy expenses) are soaring.

secondcurve · 04-10-2022, 06:28 AM

I don’t disagree Jeff. As I said, the lady at Wolfeboro Oil was professional and given today’s prices I can understand the oil company has increased financial risk on relatively low margins. The truck driver also was professional. It just felt funny given my long term payment history. And I’m also not used to seeing $900 fuel bills but that is more a macro issue so I posted to see what others thought.

Thanks

Mark

04-10-2022, 06:01 AM	#1
jeffk Senior Member Join Date: Feb 2004 Location: Center Harbor Posts: 1,247 Thanks: 216 Thanked 484 Times in 278 Posts	I just got a fill up and prices have gone up almost a dollar a gallon since February. Your 36 cent per gallon difference between home and here may simply be the continuing price spikes for gas/energy. It never hurts to look around but if you are not going to buy heating oil for another couple years and you are happy with your company the situation could be completely different by then. Treating you as a new customer was not surprising, especially the credit check since you are only buying every few years. Prices are significantly higher and a lot of people's financial fortunes have changed due to COVID disruptions and the dems hacks of the economy. The delivery I just got cost $880. At last July's prices it would have been $522, an increase of $358 (+69%). That's an increased financial risk for the oil companies holding outstanding unpaid bills, especially when their costs (cost of product, fuel for delivery trucks, wages, office energy expenses) are soaring.

The Following 3 Users Say Thank You to jeffk For This Useful Post:
ApS (09-28-2022), secondcurve (04-10-2022), TCC (04-10-2022)

04-10-2022, 06:28 AM	#2
secondcurve Senior Member Join Date: Jan 2005 Posts: 2,129 Thanks: 1,358 Thanked 564 Times in 291 Posts	I don’t disagree Jeff. As I said, the lady at Wolfeboro Oil was professional and given today’s prices I can understand the oil company has increased financial risk on relatively low margins. The truck driver also was professional. It just felt funny given my long term payment history. And I’m also not used to seeing $900 fuel bills but that is more a macro issue so I posted to see what others thought. Thanks Mark