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luckyleftyme2

(3,880 posts)
Sun Dec 11, 2011, 08:55 PM Dec 2011

why the high cost of heating oil


we all know that it is at least 25% cheaper to refine heating oil compared to gasoline! we all know that their is no federal or state user tax (hwy) for heating oil! that is a savings of at least a dollar a gallon. we also know that the dealer depending on size either has a storage tank or goes to a tank farm (usually less than 30 miles from him) cutting the distribution cost compared to a conviencestore or filling sta.
An est . of cost of delivery per gal. would be 25 cents per gallon from pickup to customer!
so if gasoline is 3.299 a gal. in AUGUSTA NUMBER 2 HEATING OIL SHOULD BE $2,50 TO $2.70 PER GAL. DELIVERED!
DON'T YOU THINK ITS TIME TO STOP THE RIP OFF! NO WONDER EXXON/MOBIL IS MAKING RECORD PROFITS!
WE GOT A GOVERNOR AND BUSINESSMAN WHO THINK OWNING A BUSINESS IS LIKE HAVING A LICENSE TO STEAL!
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why the high cost of heating oil (Original Post) luckyleftyme2 Dec 2011 OP
It has to do with the way the products are spread Turbineguy Dec 2011 #1

Turbineguy

(38,361 posts)
1. It has to do with the way the products are spread
Sun Dec 11, 2011, 09:27 PM
Dec 2011

From a barrel of oil you get (approximately):

19.5 gallons of gasoline
9.2 gallons of distillate fuel
4.1 gallons of jet fuel.

etc.

So unless there is twice the demand for gasoline as diesel and heating oil, the price of heating oil will go up and the price of gasoline will do down.

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