We are happy to share information so that you can be watchful of the conditions that can cause heating oil prices to increase and decrease.
When you use heating oil for keeping your Boone, North Carolina home comfortable during the winter, you tend to keep a close eye on heating oil prices. The goal is to fill your tank when the price is as low as possible, but that is challenging when there are so many factors that influence heating oil prices. At Bumgarner Oil, we are happy to share information so that you can be watchful of the conditions that can cause heating oil prices to increase and decrease.
Most families know that the season has a huge impact on heating oil prices. When demand is at its highest, the prices will increase. Demand typically increases just going into winter and throughout winter as families consume heating oil and need to refill their tank. Any other situations where resources are reduced during demand can also increase heating oil prices.
Where you live is also a huge factor. The more rural the area, the less competition, and thus the higher the prices. Since we have been providing heating oil since 1954, we are the company most people turn to for not just reasonable heating oil prices, but exceptional service.
Two other factors that affect heating oil prices are transportation costs and crude oil costs. If you are seeing crude oil prices increase, you can bet that heating oil prices will follow suit. As fuel rises, so do transportation costs, which in turn increases heating oil prices. The same holds true when transportation costs rise due to other operational costs, such as labor, rent, taxes, and other overhead expenses.
You can always find out the current heating oil prices by reaching out to us. Feel free to inquire throughout the year so that you can get a feel for the best time to fill up your tank. Call today if you are running low and would like to schedule heating oil delivery or if you’d like to learn about our autofill delivery services.