Can't afford oil?

topsales

Well, ordering oil in Scotland today, the cheapest I could find was 64 pence a litre!! Usual supplier was quoting 73 pence and this was for 1000 litres. What is happening to oil prices?

A._Badger

topsales wrote: »

Well, ordering oil in Scotland today, the cheapest I could find was 64 pence a litre!! Usual supplier was quoting 73 pence and this was for 1000 litres. What is happening to oil prices?

Speculators.

I paid 59 point something in Kent yesterday. I've been holding out for weeks and wish I'd bought it in July, when I was sure we were in a price bubble. That stupidity cost me about £40.

Going2getanotherAga

As hard as it maybe.. you really should/need to budget for fuel through the year!. There's always something you find you could do without that puts a few extra pounds back in the saving pot.

Cheapest quoted was 61p a litre for 1200 yesterday.
Was told by one supplier to expect price to rise to at least 74p from November. Not sure they should be saying that, as it could suggest to some customer that they've already decided it will rise to this figure regardless!!.

On the upside... i got a smashing deal on 10 cubic metres of firewood recently!!.:)

bobhawke

suki1964 wrote: »

And who ever quoted that price is chancing their arm. Looking at cheapestoil Northern Ireland 500 is showing an average of £320 for Belfast - cheaper in Derry - so that's around 64ppl not the 90ppl you are quoted

Found out the other day that you're not allowed to fill less than 500L from tankers. Something to do with that being the minimum amount needed for an accurate measurement. Between 500 and 900 there is usually a few pence extra put on with many companies not liking, or even refusing to do <900. Anyhthing <500 carries a premium because it needs to be delivered in barrels or from a bowser.


Topsales:
I think I know the reason why you are getting such high quotes in Scotland, just about every fuel company here is owned by DCC.

suki1964

bobhawke wrote: »

Found out the other day that you're not allowed to fill less than 500L from tankers. Something to do with that being the minimum amount needed for an accurate measurement. Between 500 and 900 there is usually a few pence extra put on with many companies not liking, or even refusing to do <900. Anyhthing <500 carries a premium because it needs to be delivered in barrels or from a bowser.


Topsales:
I think I know the reason why you are getting such high quotes in Scotland, just about every fuel company here is owned by DCC.

Maybe in Scotland. Here we can buy as little as 300 liters. Delivered by tank. Yes under 900 liters is a penny or two dearer. 900 liters is the common amount to buy

Bigmoney2

suki1964 wrote: »

Maybe in Scotland. Here we can buy as little as 300 liters. Delivered by tank. Yes under 900 liters is a penny or two dearer. 900 liters is the common amount to buy

All my local suppliers quote for 500 or 1000 litres.

Minimum order is 500 litres.


Some do offer a monthly contract by direct debit, but you are then tied in to that supplier rather than shopping round for best price.

nesssie1702

I hive off money for the oil bill every month into a credit union account. I'm careful to order oil when it best suits my credit card statement date. For example, last ordered oil mid-July. Paid the bill mid-August (using the credit card) and it appeared on my September bill which needed paying at the beginning of October

It works for me and my circumstances.

bobhawke

Industry standard seems to be 500L minimum, to comply with weights and measures

Found this with 10 seconds of googling
http://www.bis.gov.uk/assets/nmo/docs/legislation/consolidated-guidance-for-equipment-regulation/roadtankers-consolidated-gonr-version-1.pdf

suki1964

bobhawke wrote: »

Industry standard seems to be 500L minimum, to comply with weights and measures

Found this with 10 seconds of googling
http://www.bis.gov.uk/assets/nmo/docs/legislation/consolidated-guidance-for-equipment-regulation/roadtankers-consolidated-gonr-version-1.pdf

Northern Ireland isnt covered - we have our own legislation

Minimum here is 300 litres

Here 68 % of the population rely on heating oil, compared to just 7 % of homes in GB with many families having to rely on the 20 litre drums to get by

These figures are produced by the Consumer Council for NI

The current average home heating oil bill in Northern Ireland:
Fill No. of fills per year Annual Cost
20 litres 137.54 £2,693.62
300 litres 9.17 £1,845.84
500 litres 5.5 £1,722.47
900 litres 3.06 £1,672.23