The Think Tank

November 18, 2014 Oil Prices today

by on Nov.18, 2014, under Oil Prices

So we bought oil last week.  The cold weather showed up early, and would not go away.  There was big wind,  4 snowflakes, quite a bit of ice, and temps well below freezing, so unfortunately I had to break down and turn the furnace on before Thanksgiving.  So, of course, the price had risen, and stayed at the elevated number.  So I paid 3.08 for 400 gallons.  I had been waiting for it to dip below 3.00

So today, I checked prices and OF COURSE, the price has dropped considerably.  When I checked prices on Thursday of last week, Best Oil had the best price, ( as usual).  So I ordered there.  Today when I checked, Discount Oil is better by 1 cent.  Discount Oil has discounts (who’d’a thunk it from their name) They have a new customer discount of 10 free gallons.  They have a cash discount,  but (when I checked) they meant cash, not check or debit card) of 4 cents per gallon.  There is also a discount for seniors, 62 plus.  You are allowed to combine 2 discounts.  The good people at Best Oil, have 2 prices,  cash/check, and debit / credit. The price I quote here for Best Oil is the cash price.  The price I quote for Discount is there current price, as I do not know what discounts you may or may not qualify for.

date company 100 gal up/down 150 gal Up/Down 200 gal Up/Down 400 gal up/down 600 gal up.down
11/18/194 Best Oil 3.29 up .04 3.22n down .05 3.07 up ,08 3.04 down .04 3.02 down .04
Discount/Larsen/McCall 3.32 no change 3.05 no change

I am not certain what happened to my form here,  so I will just tell you that today,  Discount is 1 cent cheaper per gallon than Best IF you pay CASH.  otherwise,  their prices are 100 gal  = 3.32   200 gal = 3.07      400 gal = 3.07     600 gal = 3.05

So it cost me 1232 this year for my 400 gallons.  Last year it was 1312.  Today it would have been 1216.  I will continue to monitor the price of oil.  Maybe IF it drops considerably ( and man I hope it does)  I will get some more !


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