Heating Oil vs. Natural Gas Heating Cost Crossover, Again.

http://oilprice.com/…/Is-This-The-Most-Bearish-Oil-Report-O…

We are back in the $45/BBL Oil Barrel Price range. As we have prior blogged on our site, #2 Heating Oil is now again the Lowest Cost per Million BTU heating fuel in our region, including Natural Gas. This value is equated via. application of Appliance AFUE Efficiencies of 87% and 95% for oil & gas, respectively.

For the third concurrent year we have recommended that our clients not purchase “Pre-Pay Heating Oil Contracts” and seek participation in Fuel Buying Clubs/Groups. The current and potential financial benefits are substantial.

It further appears that this will be a heating season repetitive condition.

Updated: 01/02/19 P.D.M., Sr.

About the Author

Paul Mercier

A Semi-Retired Manufacturing Process Development and Hydronics Engineer.
Following a stellar career in Computer Hardware & Software, Miniature Ball Bearing, Avionics & Panel Meters, Magnetics, Plasma, IC & Discrete Component and Product Manufacturing throughout New England, have re-focused on a second, parallel skill set in Hydronic Heating.
Received U.S. Patent 10,690,356 on an "ENHANCED CONVECTION, DIFFERENTIAL TEMPERATURE MANAGED, HYDRONIC HEATING APPLIANCE". It is America's first, true Hydronic Heating Appliance, enabled by Taco Delta-T ECM Hydronic Circulation coupled with our proprietary near-boiler piping system. The resultant is a simple, durable and efficient hydronic heating appliance that surpasses all contemporary built-on-site systems.

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