Nov. 20, 2009 Home heating oil prices
by Sue on Nov.20, 2009, under Oil Prices
Prices gained some, and lost some overnight and are trending down today.
| Larsen Oil | 503 281 0003 | 200g | 2.24 | 400g | 2.21 | down .04 | ||
| Pulliam Oil | 503 564 4968 | 200g | 2.28 | 400g | 2.26 | down .07 | ||
| ——————————————————————————————————————————————————- | ||||||||
| 11/19/09 Close | 77.71 | Crude | 11/20/09 Close | 76.72 | down .99 | |||
| 11/19/09 Close | 2.0027 | Heating Oil | 11/20/09 Close | 1.9825 | down .0202 | |||
Good news for buying home heating oil. Larsen’s price for 200 gallons has dropped to 2.24 per gallon. That is one cent less than when we purchased ours the first week in October. It is 2.21 per gallon if you purchase 400 gallons and less if you purchase 600 gallons. Prices are trending downward today so , with any luck, the prices may be better tomorrow. Since the oil companies base their prices on the market close, if the market closes up you can assume that the price will be higher the next day, so order that afternoon to lock in the lesser price. At the end of trading today, heating oil closed down .0202, just slightly more than 2 cents down from yesterday. And crude closed .99, a dollar down for all intents and purposes. The price locally should drop a penny or two tomorrow. Lets hope.
