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Fuel Oil Contract

Forum Opinion Poll
Fixed 7 30.43%
Ceiling 7 30.43%
COD 8 34.78%
Other 1 4.35%
 

Oil Contract...COD, Fixed or Ceiling?

Posted By Message

sasha96
lovin' my 2 little ladies!

Member since 5/05

7401 total posts

Name:
Julianne

Oil Contract...COD, Fixed or Ceiling?

Just wondering what you typically sign up for?

Posted 9/30/10 12:38 PM
 

babyonboard11
In love with my little man!!

Member since 8/10

1841 total posts

Name:

Re: Oil Contract...COD, Fixed or Ceiling?

I don't get a drop too often, so I like to just pay the price it is at - I don't want to get locked in at lets say $3/gallon and then we have a huge drop and everyone else is paying $1/gallon. It could also go the otehr way, but I figure if I pay high hopefully I won't get a drop for awhile.
I also call about a week before I need the drop and ask about prices - I then have them deliver on a low day

Posted 9/30/10 12:41 PM
 

seeinstarz
LIF Toddler

Member since 1/08

382 total posts

Name:

Re: Oil Contract...COD, Fixed or Ceiling?



IMO if you have a full contract and not COD oil get fixed..I got burned with ceiling..when I signed up they never mentioned that to get a lower price than the celing oil prices had to go down a certain % so even if the prices were 20 cents below my celiing I still got charged the max.

Posted 9/30/10 12:52 PM
 

PotofLuck06
Our Baby Boy Is Here!!!

Member since 11/06

13241 total posts

Name:
Betsy

Re: Oil Contract...COD, Fixed or Ceiling?

We have a ceiling rate with Petro. We can't be charged more than $3.05/gal and we will receive the lowest delivery price when a delivery is made.

Our deliveries are automatic and so far we haven't paid over $3 all season.

Posted 9/30/10 2:06 PM
 

Mrs213
????????

Member since 2/09

18986 total posts

Name:

Re: Oil Contract...COD, Fixed or Ceiling?

I just call around for prices and get oil when I need it...

Posted 9/30/10 6:13 PM
 

MrsSchwags
Soccer Baseball Lax Mom

Member since 10/05

11240 total posts

Name:
Jennifer

Re: Oil Contract...COD, Fixed or Ceiling?

We signed with Petro in March/April. I didn't do either option (Fixed or ceiling).

Right now we are watching the market before locking in. We have made out better the last 2 deliveries by not being locked in to fix or ceiling.

Posted 9/30/10 8:51 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
To do COD or a Ceiling Plan for oil? teacherwheart 7/17/07 6 Home
If you do COD for oil who do you use for a contract? LuckySV 9/1/09 3 Home
Question about Oil- C.O.D vs. service contract w/ lock in option neenie 5/19/09 6 Home
Oil Prices - Fixed or Ceiling Coosie 3/11/10 0 Home
Oil question: contract & COD Summersalwaysinseason 10/20/08 1 Home
Contract -VS- COD for oil EJCLJ01 8/28/08 15 Home
 
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