Press Release Summary = Oil traders are not just on the floors of commodities exchanges in New York or London any longer; They're in the offices of oil companies and buying groups such as Pilgrim Oil, constantly scanning computer screens linked to global markets, looking to take advantage of small shifts in oil prices so they could pass the savings on to their customers.
Press Release Body = Consumers are frustrated and up in arms by soaring home heating oil prices.
No one knows if home heating oil prices will rise or fall by the next heating season. But whether you buy now or later, there are some things you can do to get the best deal possible.
Don't just get a price from one heating oil dealer, get it from three. No, that's not a typo, 3. Do your homework. If you talk to 5 people that heat their home with oil, I bet 3 out of 5 are paying a different price. Are people getting ripped off? No, that's a harsh word to use. I call it creative marketing.
Try going into the winter with a full tank of oil. Prices are usually lower in the summer. It\'s very likely they\'ll be at their highest in the winter. Don\'t wait until the cold weather arrives to fill your tank.
Oil traders are not just on the floors of commodities exchanges in New York or London any longer; They're in the offices of oil companies and buying groups such as Pilgrim Oil, constantly scanning computer screens linked to global markets, looking to take advantage of small shifts in oil prices so they could pass the savings on to their customers.
Homework assignment tonight: Log on and go to Yahoo, Alta Vista, Google, or any search engine you like, type key words (DISCOUNT HEATING OIL). Poll the companies that are out there. Ask how much do you charge for your heating oil? Do you offer a 24 hr. service contract? What does it cover? Remember in school if you didn't do your homework enough times you would fail. As a grown up, the homework assignment may be different, but the end result is the same CAVEAT EMPTOR. A saying in Latin, \"Let the buyer beware\".