Will Pellet Prices Go Down?

[F4jock]

Thank Hilarity Clinton and her facilitating Daffy Kadafi's demise. But no more politics please unless you want to take it private. Don't want to engender the ire of the moderators.

 

[Peterfield]

Only problem I have with that article is we are embedded in the Middle East with" this" administration, because of the "jackasses" in the last administration!

We've been embedded in the Middle East through several administrations (yes, that means democratic, too). When in doubt, follow the money. Both political parties dance the dance with equal aplomb, just the Republicans flaunt it and the Democrats hide it.

 

[Jake86]

The Serenity paid for itself last year.

This year will burn pellets but also LP. Filled the tanks at 1.82 which for this area is a bargain. I figure as a rule of thumb a gallon of LP equals about 10 #'s of pellets - so 7.68 a bag - given the efficiency of my furnace and distribution system. I spent much less.

I have moved the furnace thermostat to our bedroom and will set it at 66 and leave it. Last year on cold days the bedroom would hover at 60-62 which is slightly below our sleeping comfort level, or at least my wife's.

Regardless of DINO prices I do not regret the pellet stove purchase. Formerly used a lot of wood and frankly we are just to old for the labor.

Hey Spartan,

Question. Can you open the pellet bin while the stove is running to add pellets without the stove shutting down?
I'm waiting to have my Castle serenity installed and saw a video on utube where someone does it. I thought you couldn't do that. I defer to your knowledge.
Thanks
Jake

 

[billb3]

This mind set is why America will fail. Read this article and understand we are just pawns in a game until we decide to remove yourself from the game board. http://www.theblaze.com/contributio...e-in-the-middle-east-no-one-is-talking-about/

Invest in your neighbors and yourself, and strangle the tyrants that are buying your dependence.

Sorry if this is too political.

Wow is that a compost pile of fallacies and fear-mongering distortions .

But yeah this is not the place for it.

 

[St_Earl]

Hey Spartan,

Question. Can you open the pellet bin while the stove is running to add pellets without the stove shutting down?
I'm waiting to have my Castle serenity installed and saw a video on utube where someone does it. I thought you couldn't do that. I defer to your knowledge.
Thanks
Jake

you can. the lid switch will interrupt the dropping of pellets, but as long as you don't take forever putting the pellets in, it will be fine.
a thing to keep an eye out for is that no pellets get wedged in anywhere on the surface where the lids seats. it is possible to spring the hinges if pellets get lodged in high leverage spots. just a side note.

 

[Old Spartan]

Hey Spartan,

Question. Can you open the pellet bin while the stove is running to add pellets without the stove shutting down?
I'm waiting to have my Castle serenity installed and saw a video on utube where someone does it. I thought you couldn't do that. I defer to your knowledge.
Thanks
Jake

Yes -- I do it all the time -- It will eventually shut down if the top is left open too long but it gives you plenty of time to load.

 

[Old Spartan]

Just noticed q was answered -- Sorry St Earl

 

[Vamountain]

Here in VA Lowes is matching prices on a ton of pellets from local distributors. One local place had them for 235.00/ton. I grabbed a pallet of them. Lignetics Brand.
Tractor Supply is 250.00 hardwood.
Home Depot is same also.

 

[Michael6268]

Looked at my local Home Depot the other day. They're sitting on approx 700 tons of pellets. Would think they're going to have to lower their price even more soon. Still don't think their going to get rid of them anytime soon because they're all garbage brand pellets.

 

[Pete Zahria]

Still don't think there to get rid of them anytime soon because they're all garbage brand pellets.

A lot of people we see, are buying better stuff, for just a little more,
and reporting they are done with the lesser stuff...
As time goes on, we'll see if it's BS... but I know it's a common comment...

Dan

 

[Peterfield]

Perusing CL ads in New England last night and noticed an uptick in folks selling their pellets. Saw some good ones, like LaCrete's and CleanFire's in a couple of different ads.

 

[Jake86]

It's basic economics, supply and demand. My local Agway is complaining about no one buying pellets. You can tell they're getting nervous. Last year was a boon for them....some even took advantage of the situation. Rode by a local hardware store surrounded by pallets of pellets. Looked like circling the wagons trying to defend themselves to the last stand. What goes around comes around. A cold spell could change everything....maybe.

 

[St_Earl]

SIB /wood pellet warehouse
October Specials
*Maine Woods $224.00 Picked up

that's basically the same as they've been for four years now.
i believe i have paid, $215 (in 2011), $219 and $224 it may have been $229 last spring.

 

[Pete Zahria]

Our stuff has gone up 10 bucks in 4 years.

Dan

 

[Peterfield]

It's basic economics, supply and demand. My local Agway is complaining about no one buying pellets. You can tell they're getting nervous. Last year was a boon for them....some even took advantage of the situation. Rode by a local hardware store surrounded by pallets of pellets. Looked like circling the wagons trying to defend themselves to the last stand. What goes around comes around. A cold spell could change everything....maybe.

With El Niño kicking in and oil and gas prices tanking, it may set up to be a good pellet-buying opportunity at BBS's in a month or so. It's just a commodity and like all other commodities, prices will drop if demand does. Just look at the price of new and used trucks. With the drop in gas prices, truck prices have risen but if gas goes back to $4.00 a gallon, truck prices will recede, especially the used truck prices. Patience is a virtue that is usually rewarded.

 

[moey]

With El Niño kicking in and oil and gas prices tanking, it may set up to be a good pellet-buying opportunity at BBS's in a month or so. It's just a commodity and like all other commodities, prices will drop if demand does. Just look at the price of new and used trucks. With the drop in gas prices, truck prices have risen but if gas goes back to $4.00 a gallon, truck prices will recede, especially the used truck prices. Patience is a virtue that is usually rewarded.

Or they will sell at the current price and not get much more inventory. I look at it like the gas station in town that charges 5-10% more then the other gas station but operates a repair shop as well. They still sell gas to folks when they get their car repaired. The outdoor sections are empty at BBS stores right now. Come May when they start wanting to put flowers and everything in that space they mark them down.

 

[rona]

Oil and pellet prices have very little to do with each other. Pellets are not cheaper to produce because oil prices are lower. Fuel costs make up a small portion of delivery costs.

That may be true but when fuel price goes up its a excuse for everything else to jump. It works too. The people who cut the trees down and transport to a pellet factory will likely argue with you that fuel prices doesn't effect their bottom line

 

[Peterfield]

For what it's worth, the out the gate prices for softwood in most countries is down an average of 20% this year.

 

[turbulator]

Not sure how much I'll run my Tarm 4.0 boiler this year, if at all... Lignetics are at $255/ton... I could mix with corn and try that. We have dual forced air propane systems, so we may be running them instead of pellets this year...
I just installed a Harman Accentra 52i and got her fired up last night - I think I'll use that for a "fireplace" heat during football games and holidays...otherwise, probably on propane this year.