View Full Version : so my oil company called me


MrHunters
04-08-2008, 10:06 AM
last year when we bought our place we signed a contract and locked in at 2.87.
Best thing we did when we moved in. Saved us hundreds.

Fast forward 365 days, new contract to sign. new lock in rate................... $4.35!! Holy crap

Thats gotta be the one of the highest inflation rates in a LOOOOONG time. :af:

going rate as of yesterday was 4.14.

we are so f'd

RIJIMMY
04-08-2008, 10:12 AM
thats crazy
We should invade some oil rich nation to take over their oil.....wait a minute...

Nebe
04-08-2008, 10:47 AM
thats crazy
We should invade some oil rich nation to take over their oil.....wait a minute...

We did and the plan is working perfectly. We have disrupted their production, and have created such a global conflict that oil prices have gone through the roof. Oil Companies are fetching record profits. Would you expect anything less from an administration that all has ties to oil?

EarnedStripes44
04-08-2008, 11:05 AM
We did and the plan is working perfectly. We have disrupted their production, and have created such a global conflict that oil prices have gone through the roof. Oil Companies are fetching record profits. Would you expect anything less from an administration that all has ties to oil?

whats the name of that supertanker.... Condoleeza Rice

redcrbbr
04-08-2008, 11:27 AM
paid $3.68 this morning. oil guy said it went up a dime since yesterday.

PaulS
04-08-2008, 11:49 AM
I wouldn't sign a new contract. Look for a new dealer end of the summer and you can prob. look in then.

thortum
04-09-2008, 06:21 AM
Wow! And I thought I was being screwed at $3.79 [yesterday]. Gas=$3.13-----heating oil=$3.79[+]?! Isn't oil SUPPOSED to be cheaper to produce? :realmad:

fishaholic18
04-09-2008, 06:49 AM
Than God I have natural gas.

Joe
04-09-2008, 07:09 AM
I had two oil tanks installed in the basement when we did a major renovation a few years ago - back when you could save money by buying oil in the summer. It's freaking 2K to fill them...
I'm getting a pellet stove put in my fireplace this summer.

HighTide
04-09-2008, 08:39 AM
I cancelled automatic delivery about a month ago, and keeping it at 60. With 100 gal minimum delivery at almost $4.00 a gallon they can stick it.

I need to replace the boiler this year so we're converting to gas.

Saltheart
04-09-2008, 09:57 AM
When I had oil heat , the best way to beat the pricing issues was a large tank and buying off season. I had a 1000 gallon tank and would fill it in june or july. The one fill up lasted all year and i could get the oil for sometimes 60 or 70 cents a gallon cheaper off season.

Raven
04-09-2008, 10:25 AM
i'm surprised they were not at your door
brandishing a weapon to hold you up

since it's highway robbery now...

PaulS
04-10-2008, 07:03 AM
10 days ago I paid $3.99.

BigFish
04-10-2008, 07:09 AM
The logic and trick of waiting until the offseason or "summer" months to buy oil at a cheaper rate is over! Last summer that drop in price never happened.....it stayed high all summer....and went higher went winter arrived. So.....my advice is buy now because its just going up in price every day!

BigFish
04-10-2008, 07:11 AM
Oh...another thing! I would not bother locking in.....its a huge scam! When it does not benefit the oil company they bail on the contract anyway! Shop around and check the discount oil companies when you need to buy!

UserRemoved1
04-10-2008, 07:16 AM
No they can't bail on a contract. My dad locked at $2.49 a gallon last fall. Bought 1200 gallons at that price. Then the price went up after the pre-bought oil is gone. He saved a crapload of money this winter by locking in. I stayed with Massenergy and saved some but not as much as him.

BigFish
04-10-2008, 07:20 AM
Seen them do it Scott! They have the "out" built into the contract if the price goes to a certain level the contract is nullified. I was in the business.....seen it all and heard it all. It happens.

lurch
04-10-2008, 07:33 AM
I cancelled automatic delivery about a month ago, and keeping it at 60. With 100 gal minimum delivery at almost $4.00 a gallon they can stick it.

I need to replace the boiler this year so we're converting to gas.


I am working on a construction project and thinking about converting to natural gas as well...I need to check the tank and if there is enough oil I will call them letting them know not to automatically fill the tank.

THANKS FOR THE HEADS UP!!

MrHunters
04-10-2008, 07:40 AM
Oh...another thing! I would not bother locking in.....its a huge scam! When it does not benefit the oil company they bail on the contract anyway! Shop around and check the discount oil companies when you need to buy!

i don't know man.. they didnt bail on my contract and i saved 100 bucks a fill up all season.

ShipWrecked
04-10-2008, 10:56 PM
I have a woodstove and oil heat. I cut my heat in half with the woodstove. I only need this winter 300 gallons. The downside to the woodstove is wood prices are also thru the roof. Unless you can track down a tree guy this spring as they cutting down some trees and tell him to dump them in your yard. I just stockpiled 5 cords of firewood and the zero. But I too am going to switch to natural gas.

keeperreaper
04-11-2008, 10:17 AM
last year when we bought our place we signed a contract and locked in at 2.87.
Best thing we did when we moved in. Saved us hundreds.

Fast forward 365 days, new contract to sign. new lock in rate................... $4.35!! Holy crap

Thats gotta be the one of the highest inflation rates in a LOOOOONG time. :af:

going rate as of yesterday was 4.14.

we are so f'd


This fukking comes with a hug and a kiss and pancakes in the morning

Saltheart
04-11-2008, 12:14 PM
Sweaters , blankets , longjohns , bed caps , several in one bed...all the old tricks to keep warm will soon be coming back as people simply run out of money for keeping warm.