Heating Oil Price Rocketing
Discussion
Mr Spoon said:
You do know that fuel tool or boilerjuice don't have any trucks so it's a good chance only that one supplier is quoting.
I doThat too would be unusual - fuel tool has been quoting it for weeks and BJ have only just begun quoting again
Only one Co. quoting on two platforms or all 3 having the same price is equally usual
Mr Spoon said:
Even when there were recent issues getting a fuel delivery and Boilerjuice were cancelling orders and leaving people high and dry, I am amazed how quickly and how fickle customers can be to go rushing back.
Nobody predicted any of the last few fuel crisis periods, in fact, I'd be amazed if any crisis period has been predicted. So thinking this won't happen again or it won't happen to you is great until it does. I really cannot emphasise this enough, find a local supplier and let them help you. It will pay dividends when there is a supply issue.
Keep in mind I only cover a very small and limited area of operation. I have no benefit to writing this. PH users accidentally steering themselves to my phone line will make zero difference to my bottom line.
Find a good local firm and stick with them.
I hear what you're saying BUT in the 7 years I've been buying oil BJ has been significantly cheaper than my local supplierNobody predicted any of the last few fuel crisis periods, in fact, I'd be amazed if any crisis period has been predicted. So thinking this won't happen again or it won't happen to you is great until it does. I really cannot emphasise this enough, find a local supplier and let them help you. It will pay dividends when there is a supply issue.
Keep in mind I only cover a very small and limited area of operation. I have no benefit to writing this. PH users accidentally steering themselves to my phone line will make zero difference to my bottom line.
Find a good local firm and stick with them.
It simply doesn't make sense to pay probably £100 / yr more so that once in every 7 years I can get fuel easier
Lonoxe said:
Is there a foolproof way to ascertain the exact volume of oil delivered by suppliers?
Use a dipstick or sight gaugeMy tank has a sight gauge - I quickly calculated the volume and have marked the gauge with 100L increments to make it very simple to check my usage (and deliveries)
Welshbeef said:
Will it ever go back down?
Russias sanctions will be here for a very long time. No one will want a Russian product or support them. In fact the world has changed so markedly in such a short period of time it’s not clear what will happen.
I thought we were all still buying Russian oil ?Russias sanctions will be here for a very long time. No one will want a Russian product or support them. In fact the world has changed so markedly in such a short period of time it’s not clear what will happen.
Mr Spoon said:
You guys do realise 7x-ppl is still extortionate....
We made a profit when fuel prices were 30p. 50p. Even 20p. And less.
Just saying.
JR
It's irrelevant we need oil and the best we can do is try to buy it at the best time and for the cheapest price at that timeWe made a profit when fuel prices were 30p. 50p. Even 20p. And less.
Just saying.
JR
Which is precisely why we use Oil clubs / Boiler Juice etc
You know the ones you don't like - BECAUSE our local suppliers screw us over
If they started giving loyalty discounts that might change
530dTPhil said:
Unleaded petrol continues to reduce in price, down to 158.9 at two local petrol stations (South Gloucestershire). This is presumably as a result of a drop in the price of crude oil, $91.20 earlier today; the lowest for six months.
Logic says that heating oil should also reflect the drop in crude but reality may be different.
Currently 88.47 from BJ and 86.4 from the Oil Club.
Using logic with market prices (and women) doesn't workLogic says that heating oil should also reflect the drop in crude but reality may be different.
Currently 88.47 from BJ and 86.4 from the Oil Club.
Volare said:
I committed yesterday at 84p exc VAT. Prices seem pretty stable so any further changes are going to be small, to me there is now a much higher likelihood that they are going to go up as opposed to down. I feel a lot of people have held off this year waiting for prices to come down (myself included), but necessity is going to be the decisive factor for many now as we get into winter, there will be more pent up demand.
All IMHO of course.
I thought the general consensus is that oil prices will fall due to the recessionAll IMHO of course.
But whether that will feed into UK prices with the £ falling against the $... who knows
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