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By: Helen Ramos

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Saturday, 21-Sep-2013 09:05 Email | Share | Bookmark
Heating Oil: The Price Will Be Enough To Leave You Cold

In many places, the price of home heating oil is equivalent to the price of gasoline.

This is fascinating, as the price of gasoline usually has between 45 to 55 cents in transportation taxes built into the price.

Heating oil is a product that is actually produced in the off season in the refineries that make gasoline during the winter.

The way this works is simple.

An oil refinery does not make any money unless it's making product.

Even going full bore at 100 % of capacity, which is practically impossible, the oil refineries throughout the country are unable to satisfy the demand for fuel or heating oil during the winter season, and gasoline in the summer.

The response to this problem, while also recognizing the need to keep the plant operating at peak efficiency, is to make heating oil in the summer, and store it in tanks for deliveries in the autumn and the winter cold season.

They also do the same in the colder winter months by manufacturing gasoline for use in the summer.

This allows the oil company to keep the refinery operational, while also turning out the products we rely on every year.

The one problem with this is that on top of the price of petroleum, they also need to guess right about the demand.

Too much fuel oil or gasoline at the end of the season, and they lose money.

Too little, and the price goes up much more.

To make matters worse, they also need to base demand on the weather, which as we know, is unpredictable at best.

You can do your part by being as fuel efficient as possible when utilizing either item.

Think about a project of finding the drafts in your home, and repairing them.

Use blankets and heating pads to keep everyone warm at night.

Turn down the thermostat in the evening, and save even more.

Quit heating that extra bedroom and put a towel at the bottom of the door to limit cold air from entering the heated parts of your house.

The less heating oil used, the less upward pressure on the price, and the more all of us save.Page\nHeating Repair Tucson AZ


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