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LuckySV
LIF Adult
Member since 10/05 4675 total posts
Name:
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Lock in oil price
I got a letter from Lewis Oil offering a fixed rate of $2.099 or a ceiling rate of $2.299. The rate would expire April 30, 2010. I can't decide what to do. I usually do COD. COD prices right now are around $1.759. I still have half a tank of oil so I don't need a delivery.
Help me decide! What are you ladies and guys doing?
TIA!
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Posted 4/3/09 10:33 AM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
neener1211
:-)
Member since 4/07 22952 total posts
Name:
J
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Re: Lock in oil price
We do COD only. It is going to start to get nice and we won't be using as much oil.
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| Posted 4/3/09 11:06 AM |
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LuckySV
LIF Adult
Member since 10/05 4675 total posts
Name:
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Re: Lock in oil price
bump 
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| Posted 4/4/09 8:55 PM |
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
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Re: Lock in oil price
After reading an article in today's paper that oil prices will be on the rise due to the summer season (increase need) and that OPEC will be lowering its quantity, thus prices will increase (not sure by how much), I would sign the contract.
Consider yourself lucky - we're locked in at $2.49.
That's a good rate right now.
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| Posted 4/4/09 11:11 PM |
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Gina674
I'm In Love!!!
Member since 5/05 1189 total posts
Name:
Gina
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Re: Lock in oil price
WOW!!! My oil company just quoted me a celing of $2.89 
And they are doing fixed prices right now...
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| Posted 4/5/09 11:47 AM |
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LINewbie
Tigger the the Rescue!
Member since 8/08 5647 total posts
Name:
LB
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Re: Lock in oil price
e locked b/c we got a discount on the price for locking, plus a discount for using our cc.
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| Posted 4/5/09 12:38 PM |
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MDF
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Member since 5/05 2313 total posts
Name:
Melissa
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Re: Lock in oil price
npbride are you already a customer of Lewis oil? Our contract is up and we are looking into who is going to give us the best rate.
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| Posted 4/5/09 8:01 PM |
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LuckySV
LIF Adult
Member since 10/05 4675 total posts
Name:
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Re: Lock in oil price
Posted by MDF
npbride are you already a customer of Lewis oil? Our contract is up and we are looking into who is going to give us the best rate.
I'm not a customer. I just received a letter in the mail.
Thanks for the input everyone.
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| Posted 4/6/09 11:49 AM |
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