Phoenix Hatchling
Minister of Fire
Doing some number crunching, and using the efficiency ratings of my pellet stove and oil furnace and a purchase price of $300 per ton for pellets, my break even point for oil would be $2.52 per gallon. That would be without the headache of lugging pellets, cleaning stoves, cleaning flues, extra dusting, etc. this was from the fuel calculator:
http://www.eia.gov/tools/faqs/heatcalc.xls
http://www.eia.gov/tools/faqs/heatcalc.xls