Re: GOT HEATING OIL YESTERDAY

Snowpuppy · ‎03-09-2010

I work in financial services.

Research the term "excess savings". It's an eye opener.

It is true that Exxon and Shell enjoyed record profits the first 6 mos of this year. More than 2008. Heating oil is a close cousin of diesel fuel. There is the cost factor.

yamma024 · ‎08-21-2017

The oil companies also lost billions in 2020.

colleena · ‎03-27-2010

@eddyandme Thanks for the further explanation as I knew nothing about how this all works. Dumb ? - does the one fill of the tank last all winter or will you need to fill again?

Meowingkitty · ‎06-19-2010

@eddyandme wrote:
@Meowingkitty , @On It - we have a furnace and an oil tank. All I do is put the switch on and the oil tank fuels the furnace (oil burner) which heats the radiators.

The price per gallon is waay higher right now than ever! The prices vary every season, but this year it's already out of the normal range. To 'add fuel to the fire', they're saying now that there'll be a shortage in New England and it might have to be rationed. Not a good situation.

Thanks. I understand it now.

Stelladorable · ‎08-22-2019

@yamma024 wrote:
The oil companies also lost billions in 2020.

They actually had a net profit of $4 billion and paid out dividends to stock holders. They didn't make nearly as much as the year before or the record profits they are making now but they didn't lose money.

Grace729 · ‎10-15-2021

I have outside tank and use kerosene.Locked in at $5.58 per gallon. Pay monthly budget amount eith my fuel company. Hear some model saying New England is suppose to see milder temperatures this winter

Trailrun23 · ‎05-31-2022

Everyone needs to get out their extra blankets. I saw on the news this morning they are considering releasing heating oil from the reserves. I just don't get it. We are going to be in dire situations if they keep dipping into the reserves.

Trailrun23 · ‎05-31-2022

We use natural gas for heating and our last bill was $30...we just turned on the heat two weeks ago, so I will be sitting down when we get our next bill. I hope it only goes up 28% as they have predicted. Everyone will be paying more to stay warm this winter.