People paid about $300 for delivered pellets during the height of the season - of course, they paid a lot less than $2.50 a gallon for fuel oil then also.
I'm telling folks to buy pellets now at the $200 level to avoid a repeat, and I am also trying to make it clear to manufacturers of stoves and pellets that THEY will suffer when pellets hit that price again.
Look back a few months on the forum - even in the pacific northwest there were shortages and folks driving 40 miles to get 10 bags for 5 to 6 bucks (sometimes more) a bag. This was not an isolated incident. Pellets were $279 picked up near here - that means over $300 delivered.
So like Cramer, I am saying BUY BUY BUY - folks should not be betting on the prices getting lower, because while there may be a report of lower prices SOMEWHERE, it is highly doubtful that someone will be sorry about paying $200-$225 now (east coast).
I'm telling folks to buy pellets now at the $200 level to avoid a repeat, and I am also trying to make it clear to manufacturers of stoves and pellets that THEY will suffer when pellets hit that price again.
Look back a few months on the forum - even in the pacific northwest there were shortages and folks driving 40 miles to get 10 bags for 5 to 6 bucks (sometimes more) a bag. This was not an isolated incident. Pellets were $279 picked up near here - that means over $300 delivered.
So like Cramer, I am saying BUY BUY BUY - folks should not be betting on the prices getting lower, because while there may be a report of lower prices SOMEWHERE, it is highly doubtful that someone will be sorry about paying $200-$225 now (east coast).