Does anyone know at what price, and I hope I don't put this badly, it makes sense to heat your house with oil as opposed to wood?
Let's assume you're getting log length wood for $100/cord. Currently, in northeast New England (where I live), the price of oil is $1.75/gallon.
If you're only using oil or only the stove to heat your house (and let's assume to a temp of 70 degrees), what is the tipping point in the price of oil does it make sense to heat using just oil?
I've asked this of the people I know who heat using oil and no one has been able to even hazard a guess.
Let's assume you're getting log length wood for $100/cord. Currently, in northeast New England (where I live), the price of oil is $1.75/gallon.
If you're only using oil or only the stove to heat your house (and let's assume to a temp of 70 degrees), what is the tipping point in the price of oil does it make sense to heat using just oil?
I've asked this of the people I know who heat using oil and no one has been able to even hazard a guess.