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boden boden is offline
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Default Diesel Fuel in Heating Oil Furnace

Claude Hopper wrote:
wrote:

Is there any reason not to put #2 diesel fuel in a heating oil furnace
for someone who has locked in a very high heating oil price with his
provider? Could pay a gas station ab out $3.50/gal versus a locked in
price over $4.50 (I stupidly locked in in July)



I wouldn't lock in a price unless it dropped with the price. Locking in
to me is to prevent price increases not price decreases. If the price
drops below the lock in price there is no reason at all they can't give
you the lower price unless they are flat out criminals.

Ever understood a futures contract?