Heating Oil Price Rocketing
Discussion
oblio said:
Oil Club offered 32.5 plus VT on Friday (west Wales). BUT....they are quoting anything up to 6 weeks delivery.
All in all I'm glad I paid 42p incl VAT a couple of weeks ago and had it delivered before the crisis hit big time. Should last until winter now that we are coming into milder weather.
Yes I was watching and waiting when I started this thread and was concerned when the price jumped - presumably panic buying.All in all I'm glad I paid 42p incl VAT a couple of weeks ago and had it delivered before the crisis hit big time. Should last until winter now that we are coming into milder weather.
I was intending to wait longer but when the price was low and delivery dates started extending I bought some to be safe - I was quoted 3 weeks - it came the next day !
MellowshipSlinky said:
I’ve never got that close to running out
I’m happy spending another 7p knowing I’ll get oil when I want it.
Me neither hence I'm happy shopping around as I don't need preferential customer status.I’m happy spending another 7p knowing I’ll get oil when I want it.
If it was 7p I'd agree with you but in your case it's around £70, in mine it's around £140, I have better things to do with the money.
eltawater said:
I'm not so sure about that, although I hope I'm wrong. With more people staying at home during the colder months the more the heating will be on so demand for heating oil is likely to be higher.
Ah but with more now working from home or not working at all means less general oil demand and the farmers won't be needing any for crop dryingHRL said:
Just ordered 1000l @ 60.75 through our local oil group in North Devon.
Better than the 67.9 I was quoted independently.
I can't think there's a worse time to buy, I presume the price rise is to do with the "fuel shortage" Better than the 67.9 I was quoted independently.
Although if it's to do with the gas shortage then it will carry on rising
eliot said:
Iwantafusca said:
does burning vegetable oil produce less co2?I've run vans on waste bio without issue and they are far higher tech than boilers
It made sense with vans as it was circa 60p /L when diesel was £1/L but until recently kerosene has always been cheaper and easier to get hold of, plus bio can vary in quality but if large companies got involved I'd happily swap over
Jambo85 said:
Too lazy to read the link right now but I assume it's something derived from veg oil rather than just veg oil? Good luck getting veg oil out of an outdoor tank when the temperature has been single digits for a few weeks..!
Wiki - "Hydrotreated Vegetable Oil (HVO) is a biofuel made by the hydrocracking or hydrogenation of vegetable oil. Hydrocracking breaks big molecules into smaller ones using hydrogen while hydrogenation adds hydrogen to molecules. These methods can be used to create substitutes for gasoline, diesel, propane, kerosene and other chemical feedstock. Diesel fuel produced from these sources is known as green diesel or renewable diesel.Diesel fuel created by Hydrotreating is called green diesel and is distinct from the biodiesel made through esterification."
MrHappy said:
Standard BBC style story about heating oil
https://www.bbc.co.uk/news/uk-wales-60054463
What they don’t say is that the ‘50% rise’ is from the pandemic induced levels and that the current price of c.55p is, in my opinion, fairly normal. That’s not to say that I don’t have any sympathy for those struggling due to this and other rises.
I've been on oil for nearly 10 years now, I wait for better prices but I tend to pay 34-44p https://www.bbc.co.uk/news/uk-wales-60054463
What they don’t say is that the ‘50% rise’ is from the pandemic induced levels and that the current price of c.55p is, in my opinion, fairly normal. That’s not to say that I don’t have any sympathy for those struggling due to this and other rises.
In the pandemic I managed 17p
I recently had to pay 55p but just had 1000L as I was hoping it would go down further
So IME it's a 25% ish rise bearing in mind most other things tend to go up every year and oil went down for a while
Nimby said:
According to the Boilerjuice chart prices are pretty much where they were 4 years ago.
I'm on my phone so it's a little hard to get the exact numbers but it appears to be 49p to 61pI hope your job isn't in financial analysis
NDA said:
Really as in 'are you actually that naive'? No, not really - just hacked off with the gouging. I have a 3,500 litre oil habit, so it's punchy!
It's like the "new customers only" BS that I think has recently been stoppedMost companies are run purely for maximum profit and screw the customer
I find it funny that car / bike dealers get such a hard time, I recently bought a BMW - the PO had hidden various faults, I fixed them and noticed the rad was bowing so did that too because it cost me £50 and it would cost someone down the line a lot more - yet we're all tts and big companies somehow - aren't
Gassing Station | Homes, Gardens and DIY | Top of Page | What's New | My Stuff