Hubert Flottz
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Thu Nov-20-08 09:40 AM
Original message |
Why would kerosene and home heating fuel still be $4.00 a gallon? |
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Edited on Thu Nov-20-08 09:44 AM by Hubert Flottz
It costs less to refine either one than the cost of refining and producing $2.00 a gallon unleaded gasoline.
Is it because Joe Six-pack can do without those extra trips to the carry-out store, but he can't do without heat when the temperature drops?
Aren't we just being gouged in a different area, after the price of crude oil has dropped so far in the last six months?
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rateyes
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Thu Nov-20-08 09:42 AM
Response to Original message |
1. The answer to the second question you asked is "yes." |
Marrah_G
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Thu Nov-20-08 09:43 AM
Response to Original message |
2. Home heating oil is at a low of 2.19 in my Mass area. |
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This allowed me to fill my tank for 500 bucks instead of getting the minimum 100 gallons for 500 as I was expecting this summer.
It feels good not to be in the state of panic I was in a couple months ago.
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Hubert Flottz
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Thu Nov-20-08 09:47 AM
Response to Reply #2 |
6. Kerosene is $4.00 a gallon here in Charleston West Virginia. |
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About $.30 a gallon higher than last year.
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Marrah_G
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Thu Nov-20-08 09:50 AM
Response to Reply #6 |
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I don't think kerosene is used much here in the north east- It's mostly oil heat.
How many gallons do you generally use in a season?
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Hubert Flottz
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Thu Nov-20-08 10:10 AM
Response to Reply #7 |
12. None when it costs that much... |
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I use kerosene heaters as an emergency back-up for my natural gas heating system which does not work if the power goes off. Sometimes when it's really cold here I use those kerosene heaters to heat remote parts of the house that I added on after my forced air heating system was installed.
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madokie
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Thu Nov-20-08 09:44 AM
Response to Original message |
3. Yes is the answer I give |
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And this is about to really piss me off. Oil companies should be nationalized and the sooner the better.
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nightrain
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Thu Nov-20-08 09:45 AM
Response to Original message |
4. yep. probably $$$$ grubbing fuel oil companies. Even gasoline prices have fallen more slowly |
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than prices reported for crude. I wonder what natural gas prices will be like this winter! Scary!
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yourout
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Thu Nov-20-08 09:45 AM
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liberal N proud
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Thu Nov-20-08 09:53 AM
Response to Original message |
8. Same reason diesel is still outrageously high I guess |
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Kerosene is primarily used as a heating oil, as fuel in jet engines, and as a solvent for insecticide sprays.
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leftofthedial
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Thu Nov-20-08 10:01 AM
Response to Original message |
9. consumers have not proven to the oil and gas thieves |
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that they will stop buying if the price is too high as we did with gasoline
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walther
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Thu Nov-20-08 10:02 AM
Response to Original message |
10. Kerosen & home heating fuel inventories must turn over to get new lower prices |
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These inventories do not turn over (get purchased by consumers) as fast as gas does.
Many stations turn their gas over every day while kerosene & heating fuel only turn over once a month or so.
You would go out of business fast if you sold these fuels for less than they cost your business a month ago when you brought them in.
Rule 1 of inventory: Price at replacement cost when prices are rising and price at original cost when prices are falling. If you don't do this you as a business owner won't be making money to feed your family.
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notadmblnd
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Thu Nov-20-08 10:02 AM
Response to Original message |
11. haven't seen natural gas or electricty go down either, have you? |
Hubert Flottz
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Thu Nov-20-08 10:13 AM
Response to Reply #11 |
13. Natutral gas went up 30% here this year, but the gas company... |
surrealAmerican
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Thu Nov-20-08 11:12 AM
Response to Original message |
14. I don't know what the case may be with kerosene, but ... |
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... distributors of home heating oil in some places "lock in" a price to buy from the oil companies for the season. They may have just gotten extremely unlucky with the timing this year, and locked in a price when oil prices were high. They are bound by contact to buy at that price, and have no choice but to pass the cost along to consumers.
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opihimoimoi
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Thu Nov-20-08 12:06 PM
Response to Original message |
15. Here in Hawaii we need cooling oil...not heating stuffs....but $4 a gal sounds a tad high |
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They still make kerosene>>>? I thought it was only for those Lamps...
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Hubert Flottz
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Thu Nov-20-08 03:13 PM
Response to Reply #15 |
16. I guess we are going to have to go back to burning coal to stay |
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warm in WV.
This shit sucks!
The gubmint only works for rich folk round here.
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opihimoimoi
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Thu Nov-20-08 03:21 PM
Response to Reply #16 |
19. Pitchforks and Torches time at the POLLs...vote them fuckers out |
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use Reason, Logic, Sanity, and Truth...that should work....It did for Obama from Manoa(The Kid Who Did)
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Hubert Flottz
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Thu Nov-20-08 03:40 PM
Response to Reply #19 |
21. It's colder than Sara Palin's heart outside. |
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I'll have to start sleepwalking to stay warm at night!
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opihimoimoi
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Thu Nov-20-08 04:08 PM
Response to Reply #21 |
22. Snow on the Groiund means big bucks for them ski lift companies |
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but they charge $80 and noi one can afford so thats that
Wod a fuck up thanks to W and his GOP thieves
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ThomWV
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Thu Nov-20-08 03:14 PM
Response to Original message |
17. I bought home heating oil (No. 2) last week for $2.41 a gallon (100 gallons) |
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It would have been about a nickle cheaper per gallon if I had got 200 or more gallons but I think its going to drop further so I didn't commit to that much.
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lse7581011
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Thu Nov-20-08 03:16 PM
Response to Reply #17 |
18. I Locked In Back In July |
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at $4.59 a gallon-my bad!
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Hubert Flottz
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Thu Nov-20-08 03:38 PM
Response to Reply #17 |
20. I'm going to keep shopping around in this area... |
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I'll probably get by on about 55 gallons if we don't have a real bad winter or a long power outage. The bulk plant I called today is usually the cheapest place around this area to buy K1 and they said $3.99. I saw their ad from about a month ago and their #2 was $3.49.
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lse7581011
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Thu Nov-20-08 04:17 PM
Response to Reply #20 |
23. I Bought 800 gallons! |
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DUMB! DUMB! DUMB! But I bought the media hype-what can I say!?
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SoCalDem
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Thu Nov-20-08 04:35 PM
Response to Reply #23 |
24. For around $6K we got a brand new furnace & 3ton A/C unit |
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wouldn't it be cheaper to just get rid of the whole "oil thing"?
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lse7581011
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Thu Nov-20-08 04:37 PM
Response to Reply #24 |
25. What Are You Burning Now? n/t |
SoCalDem
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Thu Nov-20-08 04:42 PM
Response to Reply #25 |
27. natural gas...but we live in a mild climate, so it does not cost us much |
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to heat in the winter,..but in the summer, when we use the AC...whooo boy :)
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123infinity
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Thu Nov-20-08 04:39 PM
Response to Original message |
26. Gouging will continue until the gougee is bled dry. |
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