Anyone Else..................

[Mealie38]

Why would we be disappointed, it's great that oil is low. I just paid 1.739 per gallon to fill up. wooo!
I don't know why anyone that had a choice would throw money away on pellets when oil is this low. Options are a great thing my friends. When pellets make sense again I'll fire up the stoves again, until then they stay dormant. Simple as that.[/quote
Just disappointed because I finally fixed basement stove and was looking forward to using it.I only burn Okie Doug Firs,there going for 432.00 a ton plus 45 delivery on Long Island.

 

[Twinturbo6.4]

Oil by me in SE MA is about $1.85 a gallon, I will use the oil heat and pellets as I have 5 tons in the basement. I don't mind burning the oil if its cheaper.

 

[Michael6268]

Looking at the billions in profits the oil industry has had over the last 15 to 20 years, the pellet industry has a long way to go before they can compete with that.

Ageed, but the difference is most abandoned oil when all the gouging and outrageous pricing took place. Now those same people are embracing the pellet industry for doing the same thing..

 

[fmsm]

Pellets feel warmer to me. I am putting on an in-law addition that will have only my new Absolute 43 and mini splits available.

I'm sure my daughter and her husband (who are taking over the main house) will take advantage of oils lower pricing while it lasts.

 

[ad356]

I understand.. and it's too bad..

Coal at $329/T is equal to almost $460 worth of pellets or oil.. ($269/T... $2.29/gal)

Dan

that's what im thinking about doing. i can buy coal at $240 bulk or $280 bagged and i think at those prices pellets start to look really sad. not as much heat and very expensive

 

[killie11]

Its a none factor here I dont have a furnace anymore.

 

[Jason845845]

I'm disappointed that big box store pellets have jumped $50-$80 a ton but the only pellets available are the absolute junk. Ton after ton of Green supreme at Home Depot, Lowes and Tractor Supply. I really don't understand what is going on this year, there is really no explanation I can think of other than pellet suppliers are looking for the top end price where customers will still buy pellets, and maximize profit.

The absolute volume of pellets Newp (green supreme) are selling to the big box stores must get the stores a fairly sizable discount, so where is the reasoning for such massive price increases?

 

[Twinturbo6.4]

I think the prices will drop, most people that heat with pellets also have a second heating source. I have an oil furnace that is rather efficient ( 5 years old ) and I know with oil at $1.74 I will be heating with mainly oil this year. I have a stash of 5.5 tons of pellets and will probably use the Pellet stove when we are home all weekend or have company for the ambiance but I think the majority of people will heat with whatever is cheaper! This will drive the prices down, don't get me wrong I'm all for being "green" and using better choices but when I can heat my house for $175 a month versus $300+ for pellets ( about a bag and a half a day ) I'm burning oil!