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whoiswithme

(35 posts)
6. Home heating oil is diesel fuel
Tue Aug 27, 2013, 12:21 PM
Aug 2013

The only difference is the taxes imposed. Burning diesel for heat is a small portion of the overall demand for the product. You have to decide whether you think the supply will increase or decrease and whether demand will stay the same or change. Typically gas prices go down over the winter due to softer demand, but large trucks have to run year around. There are typically spikes due to supply interruptions like a shut down refinery or to demand changes, like a hurricane.

Overall, I'd consider prebuying half your winters needs as a hedge against higher prices, or prebuying it all just to have fuel in the "bank."

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