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Originally Posted by #^^^^^^^^^^^&
not me but my dad said alot of his friends in Maine did. They're going to get murdered this year. He's paying $2.29 yesterday for heating oil.
MASS ENERGY here..
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I thought most of those "lock in" deals only lock in on the maximum price. When I locked in the first year I had oil, I only paid the max price if oil was at that price or higher. When it went lower, I paid the lower price.
Side note, there's 2 million barrells of oil on a tanker being held by pirates right now in Somalia. They're negotiating to release it when the Saudi government meets their asking price. I wonder if that amount of oil affects the pricing?