I have a Tarm 502 boiler with oil backup. The Tarm is about 15 years old but in good condition. However my 1000 gallon in-ground oil tank is 60+ years old. Although there is no evidence the tank is leaking, everything I've read says I am living on borrowed time with the tank and risking an expensive cleanup if it starts leaking. So, I am planning to replace the tank in the spring.
What I am wondering but can't seem to get a good read on is what will happen to the price of propane in the future with the rapidly increasing supply of shale gas and shale gas liquids. If propane is going to become cheap relative to heating oil it might make sense for me to convert to propane.
Is anybody wrestling with an oil/propane decision? Any insights into how the price of oil verses propane will trens in the future?
What I am wondering but can't seem to get a good read on is what will happen to the price of propane in the future with the rapidly increasing supply of shale gas and shale gas liquids. If propane is going to become cheap relative to heating oil it might make sense for me to convert to propane.
Is anybody wrestling with an oil/propane decision? Any insights into how the price of oil verses propane will trens in the future?