The Think Tank

Oil Prices

Crude Oil prices vs. local heating oil prices
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  • Oil Prices March 24, 2020 March 24, 2020Sue

    I have no idea what happened to my other posts.  We bought oil in 2019 October.  I paid 3.79 per gallon.  It was so high, I bought only 200 gallons.  I then bought oil again, in December and I paid 3.50 a gallon I think it was.  I bought again in Feb.  when I bought 200 gallons for 500.00   it was 2.49 per gallon  so I actually got 200.7 gallons.  It is now lower.

    Gallons Cash/Check
    Per Gallon
    Credit/Debit
    Per Gallon
    *50+ 3.99 3.99
    *100+ 2.56 2.61
    *150+ 2.46 2.51
    *200+ 2.26 2.31
    *400+ 2.24 2.29
    *600+ 2.22 2.27

    This is actually up 11 cents a gallon from its low.  President Trump promised the oil companies the Government would intervene to save them from losing money,  so…..the American people suffer again  so major corporations can continue to make obscene profits.

     

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  • Oil Prices today 10/02/2019 October 2, 2019Sue

    just checked and it is 2.86 today   down 5 cents.  I will check again tomorrow.  Need to get it ordered and delivered.  Still wanting to wait to turn heat on     It warms up nicely in the afternoons and this weekend is supposed to be nice and warm.  🙂

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  • Oil Prices Today 9/30/2019 September 30, 2019Sue

    Dang it.  When last I checked it was 2.76.  Today    2.91   Guess I best order some soon.

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  • Oil Price today 11 12 2018 November 12, 2018Sue

    I bought oil today.  I got it at Best Oil .  It was 3.06.  It had been lower than 3.00 but I never saw that price.  Then it went up, and up and up.  I gambled and it paid off,  it came down and I ordered at 3.06.  It is up today to 3.10.  I paid 1224.00 for 400 gallons.  Gosh it would be nice if it would come down .

    the price at Priestly for 400 gallons was 3.25 a gallon.  That is why I stick with Best Oil.  It is a case of a big company buying up a lot of the small companies.  We used Larsen Oil for YEARS.  They were always the cheapest, and if you were out of oil, they did everything to get it to you same day.  Then First Call bought them out.  Immediately the price of their oil went way up.  They have been buying up little Mom and Pop companies and there are precious few of them left.  You see the difference in cost.  Mine today was 3.06.  Same oil,  same day   First Call 3.25 per gallon.  No extra service, no nothing  AND the 3.25 is after their two discounts.  My friend and neighbor used First Call for years,  had an arrangement with them for auto fill, in summer etc  supposed to deliver when the price was lowest.  NOPE  never happened.  Price would rise,  then her tank would be filled.  They also did her furnace repairs and you guessed it,  they over charged, did shoddy work.  Soon they may be the only choice we have.  IF they obtain a monopoly   we are all screwed.

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  • Oil Price 8/15/2018 August 15, 2018Sue

    I just checked oil price today.  3.09 for 400 gallons.  I HOPE that price goes down before I must order oil, at Best Oil.  Best Oil is who I have been using for several years since our most favorite sold to First Call.  I checked another oil company, who appears to have been purchased by,  wait for it First Call.

    In a surprising turn of events,  for the first time ever  First Call beat their price:  This is what was on the Priestly and Son Heating and Cooling  which pops up as First Call.

     

    Our Current “Will Call” Prices

    (As of 8/15/2018)

    Gallons Price (before discounts at right)
    400 $3.05 per gallon
    200 $3.07 per gallon
    100 $3.32 per gallon

    Discounts Available

    • Cash Or Check:

      4 cents off per gallon

    • Senior (62+):

      2 cents off per gallon

    • New Customer Discount

    Maximum of two discounts.

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  • Oil prices October 18, 2017 October 18, 2017Sue

    well, prices are high this year.  I just bought 400 gallons,  price 1100.00.  OUCH.  2.75 per gallon.

    Last year   it was 2.28 per gallon, year before that 2.11.

    lets see if I can do a better job of checking prices this year.

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  • Oil Price today Nov 5, 2015 November 5, 2015Sue

    I ordered oil to be delivered yesterday.  The price was 2.11 for 400 gallons.  That is what I ordered.  He did not deliver it yesterday as I had to leave to take Opal to the ER.  I left the payment on the back porch,  he looked on the front porch and left.  He came back today.  Today the oil was 2.13 per gallon.

    My last oil company locked the price the day you ordered it.  I am quite curious if the price you pay goes down, if the price on the market goes down between when you order and when it gets delivered.  I believe I will ask for just that.

    I had intended to order more fuel.  But as last year the price dropped by 23 cents almost as soon as I got my fuel, and as I believe the price of fuel oil will follow the price of gasoline,  I am going to wait just a bit,  and perhaps order more in January.  I will keep you posted.

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  • Oil prices today 15 Sept 2015 September 15, 2015Sue

    well, the prices at the pump have been falling for about a week.  Not as far as one might suspect they would fall, but falling gasoline prices is a good thing.

    At Fred Meyer stations and Costco,  all grades are under 3 dollars per gallon.  Hopefully they will continue to drop.

    Heating oil prices have been going up.  I suppose that is to be expected as this is the time of year when we buy heating oil and the bastards in charge of oil sales are not required to keep prices in line with cost.  But are allowed to gouge what they can out of us. Observe why furnace making whistling noise to inform HVAC technician about the problem.

    today the stock market prices were:

    crude oil     44.07  per barrel  which is down 1.4 %

    gasoline       1.30 per gallon     which is down 4.8%

    heating oil  1.50 per gallon       which is down 3.0 %

    prices should continue to fall.  Hoping for the best which is low low prices for us

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  • OIl Prices today Aug 25 2015 August 25, 2015Sue

    Prices continue to fall,  which is good for me.

    Today crude closed at 38.22 per barrel,  down 12 cents from yesterdays low.  Today heating oil closed at 1.27  per gallon which is down 15 cents from yesterdays close.  Gasoline closed at 1.40 per gallon  which was actually up .08 cents.  I wonder if the price at the pump will rise today to reflect that.  It has not gone down to reflect the BIG drops of the last few days of trading ,  but I guess that is for a good reason.  They make more money when we pay more money.

    The price at Best Oil,  bestoilpdx.com 503 248 4444  stayed the same.  But it may change this evening,  I will continue to check.

     

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  • Oil Price today Aug. 21,2015 August 21, 2015Sue

    The price for crude oil continues to drop.  It dropped below 40.00 briefly this afternoon.  It closed ( I don’t get this part but several agencies report different prices) at 40.08 to 40.25,  At any rate that (or those) are down more than a dollar since yesterday.  When I just checked the price of heating oil had not changed from yesterdays price,  but I will continue to check.  I am willing to bet that the pump price has not dropped.  Had the price per barrel risen by more than a dollar,  you can bet your first born child, the price at the pump would have risen significantly.  I admit it,  I am a cynic.

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