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OIL CONTRACTS - 2009/2010
05.28.09
Lo and behold, a 2009/2010 fuel oil program arrived in my mail last week. Very early I might say, and it may be too early for me to make any suggestion to you, the reader, about what to do.
The program offered include a Fixed Price plan or a Cap Price program. Both require pre-payment at the time the Contract is agreed to and signed for. The price for each is $2.55 per gallon, however there is an additional 33 cents per gallon charge for Downside Protection. If the price drops below $2.55 you get that day’s price, however you have paid for it in advance. Actually, unless it drops more than 33 cents per gallon or below @2.22/gallon, you won't actually save any (additional) money.
There is an "end date" to the program but you get rollover credits if you have not used you purchase allotment by 4/30/2010.
The plans are getting more "sophisticated" from our local oil dealers; they too can get caught in the price fluctuations and the current proposal is only good until they sell out whatever amount they have "locked" into to offer the above to you. This one came from Lindell Fuels.
While it is very early for any plan to surface, this one has and any of you who receive it, will need a crystal ball to figure out whether or not to "grab" this one right now. I have no clue what to suggest.
08.26.10 OIL REVISITED
Some of our heating oil vendors have been holding off on setting Contract pricing for heating oil prices, hoping the barrel price would be coming down.
08.19.10 QUIET AS A COFFIN?
The above was the description of the activity (on his home) given to me by a home owner with a house for sale in Stamford, CT.
07.29.10 THE PROBLEM WITH GREEN: AESTHETICS
The question of aesthetics may come into focus if building green becomes the norm for future homes.
07.22.10 WEATHER TURBULENCE REIGNS
Storms have been playing havoc causing power interruptions, fallen trees, and broken branches around the NW corner.
07.15.10 FANS AND LAWNS
The lack of rain made many lawns turn brown. They are not really dead in most cases, despite their appearance.
07.08.10 PRICE CONCESSIONS - MOVING REAL ESTATE
Seller price concessions, if and when 'blessed' with an offer, are helping move most of the sales currently in contract, or recently closed, for homes in this price grouping.
07.01.10 HOT WEATHER COOLING TIPS
With the arrival of hot, sticky weather arriving in our NW corner, cooling tips are in order for those not lucky enough to have air-conditioning, either centrally installed, or from window units.
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