The Think Tank

Oil Prices

Crude Oil prices vs. local heating oil prices
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  • Oil Prices today Aug 20, 2015 August 20, 2015Sue

    oil prices are dropping .  And it seems so are prices for heating oil.. Very strangely ( or perhaps not so strangely)  gasoline prices have not been dipping as fast as the price of crude,  which is pretty awful because when crude prices spike,  the price at the pump goes up several times a day.  Okay enough of that.

    Today crude dropped to a bit over 41 dollars a barrel.  Quite low.

    Best Oil prices are:

    50 gallons  155.00

    200 gallons  1.99 per gallon

    400 gallons  1.97 per gallon

    600 gallons  1.95 per gallon

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  • heating oil prices today December 17, 2014Sue

    well, the price continues to drop

    I am so upset I cannot see straight.  On the one hand, I am grateful the prices are dropping.  HOWEVER,  I was so certain it was going to do this,  I was waiting for it to do so.  The sudden cold snap came,  lasted a few days longer than it was supposed to,  Chris was cold, and said “buy the oil ”  So i did, after it had risen several cents per gallon.  I paid 3.08 per gallon for 400 gallons.  1232.00 for 400 gallons

    Today the price per gallon for 400 gallons is $ 2.36.  That translates to this.  400 gallons @ 2.36 is 944.00  a savings of 288.00.  OR   for I could have gotten 122 more gallons of fuel for the same amount of money.  I am a little sick to my stomach over that.

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  • heating oil price today 12,9.2014 December 9, 2014Sue

    Well, I should be happy as the price continues to drop.  And I would be really happy if the weather had stayed mild and I had been able to take advantage of the great deals.  Unfortunately, I bought at the last high point before this current big slide commenced.  The price had dripped, they it rose, with the drop in temperature, and then it really dipped.  The price today for 400 gallons  2.50 per gallon.  I paid 3.08.  Doggone it.

    AT Best Oil prices are down across the board,  39 cents per gallon.

    100 gallons is 2.73     150 gallons  2.68  200 gallons  2.53   400 gallons  2.50   600 gallons is 2.48 per gallon

    Larsen Oil/Discount Oil

    100 gallons  2.89        200 gallons  2.64     400 gallons  2.62 per gallon    this is down .32  across the board

         down  .

    these are very good prices.  If you have not filled up,  you should at least get some.  I am tempted to get some more.  Perhaps ask for it as a Christmas gift.

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  • Oil Prices today day before Thanksgiving November 26, 2014 November 26, 2014Sue
    date company 100 gal up/down 150 gal Up/Down 200 gal Up/Down 400 gal up/down 600 gal up.down
    11/26/194 Best Oil 3.129 down .09 3.07n down .12 2.92 down .14 2.89 down 15 2.87 down 15

     

    Discount/Larsen/McCall 3.21 down  .11  

    2.96

     down .11 2.945 down .11

    As you can see, the price has deopped significantly.  I thought it was going to, but the darned cold weather we had there for a week, drove the price up, and drove me to buy our oil at 3.08, it is now 2.89, down 19 cents per gallon.  Makes me sick to my stomach.  That makes a 76.00 difference.  Doggone it.  OR 26 extra gallons I could have purchased had I been able to wait  And except for the few days when it was SO COLD, we have not even needed the furnace.

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  • oil prices today November 19, 2014 November 19, 2014Sue

    well, today, the prices for heating oil dropped again at Discount Oil.

    400 gallons is 3.02 today  BEFORE  a 4 cent per gallon cash discount, and / or a 2 cent per gallon senior (62 +) discount.  They also have a new customer discount of 10 free gallons.  You may use up to a combo of 2 discounts.

    200 gallons is currently 3.04 BEFORE the above discounts.

    It is making me slightly cranky that I waited and watched, then the cold set in and the prices rose,  so I bought mine,  then immediately the prices dropped again.  The above price of 400 gallons @ 3.02 is 6 cents less than I paid, adn with another 4 cents off per gallon that would make it 2.98 per gallon which is 10 cents less per gallon than I paid.  Oh well, it is nice the house is warm when I walk in now.

    I will keep watching and posting,  in case you still need to purchase oil, or if you need to purchase again.

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  • November 18, 2014 Oil Prices today November 18, 2014Sue

    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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  • Oil Prices today November 7, 2014Sue

    Fluctuation is the word of the week.

    the price at Best Oil is up 2 cents from early in the week.  The low was 2.97.  It has been that price twice.  Now it is again over 3.00, darn it

    Best oil continues to be the best price in town by a nickel, though. The price of 3.01 is for 400 gallons.  That is what I am intending to purchase.  I will do a full cost comparison on MOnday

    Hoping this pleasant weekend, sees a drop back down to 2.97.  I was really hoping for 2.85 per gallon but I guess that may have been over optimistic.  Now I am hoping it drops back to 2.97.

     

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  • Oil Prices for Nov 1, 2014 November 1, 2014Sue

    Darn it.  Prices went up today 2 cents.  Not at all sure why.  Hope I did not wait too long.

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  • Today’s heating oil prices October 27, 2014Sue
    date company 100 gal up/down 150 gal Up/Down 200 gal Up/Down 400 gal up/down 600 gal up.down
    10/27/194 Best Oil 3.25 down .05 3.15 down .05 2.99 down ,05 2.97 down .04 2.95 down .04
    Discount/Larsen/McCall 3.32 no change 3.07 no change 3.05 no change

    The prices continue to drop, at the heating oil distributor, and at the gas pump.  Hooray.  I do not understand why, but I want the universe to understand that I am happy about this trend and want it to continue.  I want the price of heating oil, and therefore the price of staying warm in the winter, the cost of gas which means we can get to and from our work and errands more affordably.  I do not understand why this happening, but I am ever so grateful that it is indded droppping.

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  • Heating OIl Prices today October 27, 2014Sue
    date company 100 gal up/down 150 gal Up/Down 200 gal Up/Down 400 gal up/down 600 gal up.down
    10/27/194 Best Oil 3.25 down .05 contin down .05 2.99 down ,05 2.97 down .04 2.95 down .04
    Discount/Larsen/McCall 3.32 no change 3.07 no change 3.05 no change

    HOORAY !!!  The price for heating oil continues to drop.  Today the price for 4oo gallons is down 4 cents per gallon.

    I do not exactly understand why this is happening, but be clear,  I am happy about it.  I hope the price for oil and gas continues to drop, and the heating of our homes becomes ever so slightly more affordable.  I am grateful for the drop in price.  I am going to continue to wait a few more days, before I order mine

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