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dm24angel
Happiness
Member since 5/05 34581 total posts
Name:
Donna
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oil prices
Would you buy more now since they are dropping , or wait.. Will it drop lower anyone think?
We are trying to time a fill up for winter at the best prices.
TIA!!
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Posted 10/10/08 10:01 AM  |
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Prudential Douglas Elliman Real Estate
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sunnyplus3
:)
Member since 11/05 8749 total posts
Name:
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Re: oil prices
Donna, the prices are really good right now....waiting is a big gamble. Hopefully things are going to rebound in the markets (praying to god they do) and oil will go up again. historically home heating oil prices never really go down once the season starts, they either stay about the same or go up because of demand.
Unless you're an expert, don't try to time the market.
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| Posted 10/10/08 10:05 AM |
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metagefken
LIF Adolescent
Member since 5/08 679 total posts
Name:
J
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Re: oil prices
OPEC has called for an emergency meeting to discuss cutting back production. if they do that will drive prices back up. until then, i dont see them going up no matter what the stock market does. the price all depends on how much the consumer uses and right now the consumption is down across the board. i'm waiting a little longer until i get an oil delivery.
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| Posted 10/10/08 10:23 AM |
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sunnyplus3
:)
Member since 11/05 8749 total posts
Name:
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Re: oil prices
Posted by metagefken
OPEC has called for an emergency meeting to discuss cutting back production. if they do that will drive prices back up. until then, i dont see them going up no matter what the stock market does. the price all depends on how much the consumer uses and right now the consumption is down across the board. i'm waiting a little longer until i get an oil delivery.
I agree to a certain extent but speculators drive the price too & when the market was under 8000 right after the bell this morning oil was under $80, now the market has leveled a bit & oil is back at $82
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| Posted 10/10/08 10:27 AM |
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EJCLJ01
LIF Infant
Member since 8/08 213 total posts
Name:
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Re: oil prices
With some companies they offer a "ceiling plan"
I just signed with Petro in nassau county. I was given a ceiling price of 3.79 so I am assured that even if oil goes into 4+ dollars I will only pay 3.79.
The best part is, if it goes cheaper I take advantage of that because there is no bottom on the plan. Only drawback is that charge a percentage higher than the market rate.
So if I were to get COD they would charge 3.12 on the last quote, but in this plan it was .10 higher per gal.
In the end I think it was good deal.
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| Posted 10/10/08 10:44 AM |
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quasi3
LIF Adult
Member since 7/07 1764 total posts
Name:
Stacey
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Re: oil prices
I just had a oil deliver yesterday and it was 2.93 gallon cod.......awesome!
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| Posted 10/10/08 1:04 PM |
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dm24angel
Happiness
Member since 5/05 34581 total posts
Name:
Donna
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Re: oil prices
We were quoted $2.82 today COD...Really am afraid its not gonna get better then that
Message edited 10/10/2008 2:53:31 PM.
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| Posted 10/10/08 2:52 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: oil prices
Posted by dm24angel
We were quoted $2.82 today COD...Really am afraid its not gonna get better then that
Even if it gets better... $2.82 is still a great price. I would buy.
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| Posted 10/10/08 2:54 PM |
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gforce
My other love!
Member since 5/08 1744 total posts
Name:
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Re: oil prices
my dh paid $2.75 today for COD. I think that's a great price even if it goes lower.
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| Posted 10/10/08 3:06 PM |
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metagefken
LIF Adolescent
Member since 5/08 679 total posts
Name:
J
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Re: oil prices
Posted by dm24angel
We were quoted $2.82 today COD...Really am afraid its not gonna get better then that
oil dropped to a low of $77 a barrel and they expect it to go lower. i'm waiting this one out for as long as i can.
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| Posted 10/10/08 5:12 PM |
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2Pisces
Life Coach
Member since 2/06 3337 total posts
Name:
Paige
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Re: oil prices
Go for it! We paid $3.07 less than one week ago.
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| Posted 10/10/08 9:29 PM |
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