according to CEOs, oil is to stay low for some time. So the dilemma arises. Do you buy pellets early and propagate the price hikes, or hold and heat alternatively?
http://www.cnbc.com/id/102606851
http://www.cnbc.com/id/102606851
But does the price of pellets EVER go down? I don't see how this trend would reverse itself, given the fact that they will always have an outlet with significant up charge in Europe. And, pellets are not a commodity.I 'm going mostly with oil next year.I'll pick up a ton or two but these pellet prices are just crazy.When sanity returns I'll switch.
Gas is a different animal though. And the taxes that the government is losing with the low pricing of gasoline was manipulated to give that a rise and curtail the hemorrhaging.Gas prices seem to e rising so I doubt that heating oil prices won't be doing the same thing.
But does the price of pellets EVER go down? I don't see how this trend would reverse itself, given the fact that they will always have an outlet with significant up charge in Europe. And, pellets are not a commodity.
And the taxes that the government is losing with the low pricing of gasoline was manipulated to give that a rise and curtail the hemorrhaging.
How do you figure they aren't a commodity?
And the individual state taxes??The Fed gasoline tax is 18.4 cents a gallon and has been for 20 years. If the pump price is $2.50 or $100 a gallon.
The price of oil or the price of gas is but a meter of many different inputs and controls. The incredible squeeze being brought against, the US fracking market, the electric car, solar power, and even the pellet industry isn't over yet. History renders a pattern of these big oil corporate plays. The introduction of prohibition running for something like 15 years, ended one year after Ford stopped making their Automobile to be compatible with ethanol. The "gas" shortage in the 70's ended the production of the EV1 as well as the patents for improved mileage carb's. EtcDoesn't matter to me one bit what the oil price is, I will be heating with pellets next year. Around these parts, propane doesn't get very cheap, so I would be crazy not to use pellets (or pellets hit $700/ton)
according to CEOs, oil is to stay low for some time.
$2.52 up here.Buy an oil stove???? HHO oil is around $2.00 in Maine around me. Cheaper then pellets.
my pellet supplier always has spring rates basically beginning in april.
i order every year sometime around then.
my pellets went up a whole $5 per ton since last year. (from $224 to $229)
the sky is definitely not falling in this area.
gas at the pump has risen in the last week and HHO was $2.52 last i checked three or so weeks ago. i'm guessing it has gone up since as well.
even if HHO was at a price that theoretically made it equal to pellets in BTUs per dollar, my stove would still kick the crap out of my forced air oil system for comfort and efficiency.
Is your sales tax cheaper than your fuel tax?Minnesota's Gov Dayton, is proposing a fuel tax that's not fixed but just like sales taxes.
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