"While natural gas prices have plummeted to 10-year lows, heating oil prices
have been steadily rising for years and are expected to reach record levels
this winter, precipitated by higher costs for crude oil and the shutdown of
several crucial refineries in the Northeast and in Europe. The Energy
Department projects a price of $3.79 a gallon over the next few months, more
than a dollar above the winter average for the last five years."
My last fill up, three weeks ago, was $108.9 a litre plus 13% HST
(Harmonized Sales Tax) on top of that. This is in Ontario, Canada. So,
in my opinion, you're still getting off cheap. Enjoy it while you can.
yes, I would like to see a federal initiative to build out natural gas
to neighborhoods that don't have it and replace oil fired home heating
that will provide jobs,
reduce oil imports
help the trade imbalance
lower energy cost for homeowners
it's a win win win
Or maybe the Canadians are having runaway inflation? Perhaps the threat of
the Strait of Hormuz has been doing some on the price of petrol?
That works out about $466.20 per US gallon.
Christopher A. Young
Learn more about Jesus
OK, that says One Hundred Eight Dollars and 90 Cents a Litre. Any
chance that decimal point is off 2 digits?
Outside Toronto it's $1.22 a litre today. That includes sales tax of
13%. 1 litre is a wee bit bit more than a US quart.
Whats funny is even though Canada has the second largest proven reserves
of crude oil in the world, we need the Americans to turn it into
gasoline for us because our own refining capacity can't handle too much
oil sands "oil".
Therefore Canada is not just a large exporter of oil to the USA, Canada
is also one of the largest importers of oil from the USA.
Talk about a catch-22 for Canadians
I'm sure it is and it is still relatively cheap compared to Europe.
When I was there a couple of months ago, it was 1.45 Euro per liter or
about $1.87 US. Little wonder that they keep there houses in the 50's
rather than the 68-72 we've become used to here.
Depends on the country and it varies considerably.
The owner of the villa we rented in Italy said it is about the same
for diesel fuel as for heating oil. This will give you some idea of
My relation runs electric, something like half the price of using oil.
I wonder what price the us sells all that exported fuel? Our biggest
I don't know anyone who uses oil for home heating here in Alabamastan.
All I've ever seen around here for fuel to heat homes is wood, propane
or natural gas. I've often wondered why oil heat is so prevalent in the
Northern states unless it has to do with older infrastructure and the
availability of NG in those areas.
Here in the NE (speaking from experience in MA, NY, NJ) it's older
infrastructure, ie older homes used initially coal or oil for firing
heating systems. And then it became for many easier to do upkeep, repair
and modernization on those furnaces. Anyone who has a chance should
change to NG, and many have. The things to weigh is that on the one
hand, you pay for oil upfront at a price that's at the whim of the
market, while for NG you pay after it is consumed. (budget plans
generally available). On the other hand changing over means paying a
rather big one-time set of charges - removal of oil tank, and purchase of
a new system.
Many older homes here to had coal burning furnaces for heat using the
old "octopus" duct work that used convection to move the air. Many were
converted to NG burners years later with many being replaced by more
modern forced air systems during remodels. ^_^
We had a NG fired steam heat system in the home we bought in 1998. We
remodeled and replaced the system with a pumped hot water baseboard
system, again NG when everything was open. Whether there ever was oil
here I am not sure - the only evidence is a ridge on the basement floor
that might have covered an oil line, no evidence of an oil tank anywhere.
But the remnants of a coal chute are still there ... Home dates from
1929, one of the first in Radburn, which a few year ago received
recognition as a national historic site, and where architecture students
from all over come to gawk/yawn/admire ...
I'd change at any time. The problem though, is the lack of a NG line
on my street. When I moved here, I was the only house, about $30,000
from the nearest gas line. Two more houses have been built since, but
it would still be tens of thousands of bucks to run a line to the
three of us.
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