Heating oil prices
 

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[Closed] Heating oil prices

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Wowzers.
I paid 50p/L in December and have just had a quote for 32.9p/L!
Going to fill up the tank (2500L) which will be about 1.5-2 years worth! At least with oil the price can go down as well as up.
Just trying to decide if it's worth waiting to see if it drops further.

Anyone else avidly watching the oil price charts?


 
Posted : 10/03/2020 10:30 am
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Yup, been holding off for a couple of weeks now, watching with interest. The savings should go towards some loo roll anyway 🙄

Annoying how it’s hardly translates to road fuel though. Profiteering gits.


 
Posted : 10/03/2020 10:32 am
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Annoying how it’s hardly translates to road fuel though. Profiteering gits.

I assume you’re talking about HMRC there given that the majority of the cost of road fuel is in the form of taxation?


 
Posted : 10/03/2020 10:59 am
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which will be about 1.5-2 years worth

We get through that much every 6 months! Thanks for the heads up though. Did hear oil price being mentioned on the radio this am


 
Posted : 10/03/2020 11:02 am
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I assume you’re talking about HMRC there given that the majority of the cost of road fuel is in the form of taxation?

🙄 the tax is a percentage of the base price though. In anything, the hefty taxation on road fuel should magnify changes in the basic price, mathematically speaking.


 
Posted : 10/03/2020 11:04 am
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the tax is a percentage of the base price though. In anything, the hefty taxation on road fuel should magnify changes in the basic price, mathematically speaking.

But it's not - there's a duty of 57.95p per litre. This is constant, independent of oil price.

On top of that there's VAT (which will vary).


 
Posted : 10/03/2020 11:17 am
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We get through that much every 6 months!

I'm a tight git!
But I may have forgotten how much we go through as we've not had any radiators in 70% of the downstairs since February 2019 - the stove has coped amazingly well (ably assisted by improved insulation/windows)


 
Posted : 10/03/2020 11:20 am
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32.9 p/l that's got to be cheaper than mains gas?

Edit - apparently, not quite

4p per Kwh (ish) vs 3p per Kwh (ish) for gas


 
Posted : 10/03/2020 11:23 am
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We get through roughly three fillings of the tank every two years. It's a 1200 litre tank but a filling/top up will be between 600 & 1000 litres. Since we've been here (18 years) prices have gone from 16p/litre up to 65p/litre and now back down to about midway on that scale.


 
Posted : 10/03/2020 11:23 am
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Sods law.

I'm trying to run mine down to zero deliberately in prep for a new tank and base along with other building works this next month.

It will be back up before I have that done watch this space.


 
Posted : 10/03/2020 11:35 am
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our oil fired neighbours be laughin'

beginning to think it might be time to lose our anthracite system, we now break even with oil around 50 - 55p/litre


 
Posted : 10/03/2020 11:48 am
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We are averaging 1500l per annum here. Circa 3000sqft house. Heating and water costs about £750 per annum. No idea whether gas would be cheaper.


 
Posted : 10/03/2020 8:36 pm
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Still 42.5ppl here in Wiltshire.


 
Posted : 10/03/2020 9:49 pm
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We get Through 1200l in 2 years.

But we do get through about 3cube of fire wood in the same period


 
Posted : 10/03/2020 9:52 pm
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28.6ppl today.


 
Posted : 02/04/2020 3:55 pm
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Totally irrelevant to me.

Tearing through firewood as the stoves lit 18hrs a day. The cold winds a blown and the PCB on my boilers gone titties up.

Phoning round yesterday most suppliers quoting 7-10 days (irrespective of what their websites said)

Managed to get my uncle to get one on his account direct from supplier on next day to his house (he is a heating engineer down south) and he's couriering it to me next day.

Hopefully be here tomorrow. Monday at the latest. Its at the point where I didn't even ask the price. It just has to happen. 🙁


 
Posted : 02/04/2020 4:05 pm
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Yeah I finally gave in and placed an oil order today. They'll probly be paying us to take it away tomorrow knowing my luck...


 
Posted : 02/04/2020 5:25 pm
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The Oil Club will have a price on Friday. Worth s look!


 
Posted : 02/04/2020 6:23 pm
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A


 
Posted : 02/04/2020 6:24 pm

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