1.99 Heating oil.

[sportbikerider78]

taxes? low in mass 2.159, paid 2.469 today. thank god sen. warren stopped the mid class from being hammered

Yup. NY soaks us in gas taxes. about $.50 on the gallon.

With the Federal tax that everyone pays, we pay $.687/gallon in tax.

If you're paying $2.25/gallon that is a whopping 30% in taxes.

Shrug Atlas, Shrug.

 

[Ashful]

I bought 1000 gallons at the beginning of this season, at $3.38 per gallon. This usually works out well for me, but this year pretty much un-did all my savings from pre-buying other years.

 

[Badfish740]

If I can get heating oil under $1.50 a gallon I might start thinking about stop burning wood. That way I can save my stock pile of wood for a few more year.

I've been burning wood consistently despite cheap oil (which, when you compare per Btu to wood, is not that cheap) because I look at it this way. I can only heat with wood consistently when I'm able bodied and feeling well. If the flu knocks me down for a week this year (God willing it won't) or I wrench my back, knowing that I pretty full oil tank to fall back on is a good feeling.

 

[mass_burner]

I've been burning wood consistently despite cheap oil (which, when you compare per Btu to wood, is not that cheap) because I look at it this way. I can only heat with wood consistently when I'm able bodied and feeling well. If the flu knocks me down for a week this year (God willing it won't) or I wrench my back, knowing that I pretty full oil tank to fall back on is a good feeling.

That happened to me, nasty flu bug got me for a solid week. Just couldn't get the fire going, luckily oil was 2.39/gal.

 

[begreen]

This is why I keep telling folks to keep their backup heating systems in good working order. There's no telling when one is going to get sick or an emergency could happen.

 

[mass_burner]

This is why I keep telling folks to keep their backup heating systems in good working order. There's no telling when one is going to get sick or an emergency could happen.

Good advice, be sure to have your furnace checked and fire it up periodically.

 

[Brian26]

Heating oil is back down to almost $2 a gallon in the New Haven, CT area. I used a little over 100 gallons since beginning of Jan mainly when I was away from the house on vacation. Might top it off at this price for next winter.

 

[Ashful]

$2/gal is still $550 per tank, which produces roughly the same usable BTU's as a cord of wood. I won't switch my profile back to ambiance burner until it hits $200 per tank.

 

[CaptSpiff]

$2/gal is still $550 per tank, which produces roughly the same usable BTU's as a cord of wood. I won't switch my profile back to ambiance burner until it hits $200 per tank.

What's that,... about $0.75 per gallon?

That would be about $27 per barrel of crude and would collapse several foreign economies. I'm not sure i'd like that world.

 

[woodgeek]

I think we'll reach $27 (at least briefly) before we see $80 again.

 

[Ambient]

My friend had a small fleet of oil delivery tankers. I would fill in when he was short handed to meet Coast Guard reg's. The difference between home heat fuel and diesel is only the color of the dye and the tax. The oil companies are shaking us down, the government is getting more tax dollars for it. If you don't like it, you'll need to help make the country a democracy again, by voting your conscious and not by party lines.

 

[Ashful]

My friend had a small fleet of oil delivery tankers. I would fill in when he was short handed to meet Coast Guard reg's. The difference between home heat fuel and diesel is only the color of the dye and the tax. The oil companies are shaking us down, the government is getting more tax dollars for it. If you don't like it, you'll need to help make the country a democracy again, by voting your conscious and not by party lines.

Simply not true. For example, the percentage paraffin is varied throughout the year in Diesel, to make it run best at various temperatures. At a high level, they're all the same basic fuel oil, but the devil (and desired performance) is in the details.

Now, if you want to talk off road Diesel vs road Diesel, rather than heating oil, you may have a better argument.

 

[BrotherBart]

I don't know of anywhere, including Federal, where you can't get a refund for taxes paid on diesel you used off road. Those taxes pay for the roads and bridges you drive on . And the Fed portion hasn't been raised in 23 years.

 

[Ashful]

This might be good info for me, if easy to process, Bart. 100% of my Diesel use is off-road, but I don't have a good local place to buy off-road Diesel. So, I just eat the taxes, which isn't huge, but a dollar saved...

 

[BrotherBart]

This might be good info for me, if easy to process, Bart. 100% of my Diesel use is off-road, but I don't have a good local place to buy off-road Diesel. So, I just eat the taxes, which isn't huge, but a dollar saved...

http://www.journalofaccountancy.com/issues/2011/mar/20103438.html