Readers of my blog will know that back in August I recommend NOT to
pre-buy home heating oil considering heating oil delivery companies in my region where charging over $ 3.70 to pre-buy the oil.
To aid in this discussion, I am offering my home heating oil price predictions and advice on whether or not to
pre-buy your home heating oil for the 2016/2017 winter heating season.
In other words, I would end up paying $ 3.10 / gallon to
pre-buy my home heating oil vs. paying only $ 2.55 / gallon to fill up my tank today (assuming the price of oil did not change).
In other words, I would end up paying $ 3.94 / gallon to
pre-buy my home heating oil vs. paying only $ 3.54 / gallon to fill up my tank today.
In my opinion, buying downside protection insurance when
you pre-buy home heating oil defeats the whole purpose of pre-buying your oil.
If you like the peace of mind knowing that you'll never pay more than X amount of dollar per gallon of oil but you want to take advantage of lower heating oil prices if they occur, you'd be a good candidate for
pre-buying your home heating oil with the «downside protection».
Not exact matches
Every year on this personal finance blog I make predictions on the price of
home heating oil and offer advice on whether or not you should
pre-buy (pre-pay)
home heating oil vs the «pay as you go» option.