What Influences Heating Oil Prices

No matter the price you can count on Rucci Oil for fuel

We probably do not need to remind you that life is full of inconsistencies. For better or worse this sometimes applies to the price of heating oil. It is not uncommon for the fuel’s price to go up and then back down after a period of time.

Here is one thing that does remain consistent, however: the fact that you can rely on Rucci Oil for heating oil when you need it. In fact, our loyal customers stay with us thanks to our dependability as well as our expertise and professional service.

Rucci Oil will go above and beyond to get you the fuel you need no matter what the current market prices are!

The fluctuating price of heating oil

There are multiple factors that play a role in the cost of heating oil:

• The price of crude oil: Heating oil (in addition to gasoline and jet fuel) is derived from crude oil. Therefore, when the price of crude oil goes up the price of heating oil will directly follow.
• Associated costs: There are all sorts of outside costs associated with heating oil such as transportation and operating costs. If these prices fluctuate, heating oil’s price will as well.
• Supply and demand: When demand for heating oil slows down (which happens during the warmer spring and summer months) its cost decreases. The opposite is true once winter hits and the fuel is more in demand, especially if heating oil becomes less accessible.
• What local competition is like: If there are only a small number of heating oil providers in your area, chances are that you will find fuel prices to be higher than you would if you lived in an area with a surplus of fuel providers.

Tips for conserving your heating oil

Good news – even during periods of time where the price of heating oil is higher than you would like it to be there are ways to conserve your heating oil supply that will, in turn, help you cut down on costs. Here are some tips:

• Let natural sunlight into your home by keeping your curtains and blinds open during the day and use it as a supplemental heat source
• Trap the heat that is coming from your heating system and keep it inside your home by adding caulking, weather sealing and door sweeps
• Upgrade to a programmable thermostat
• Upgrade your heating system to a newer model that is more effective at producing heat
• Schedule a maintenance appointment for your home heating system with a professional service
• Choose Bioheat® fuel when and if you can as this type of fuel can decrease the deposits that end up in your heating system, which helps reduce maintenance costs

How Rucci Oil helps with heating oil costs

Here at Rucci Oil we know that the price of heating oil can sometimes be less than ideal. That is exactly why we strive to make your energy expenses as affordable and manageable as possible by offering Bioheat® fuel, price protection, automatic heating oil deliveries and an EZ pay budget plan that divides payments evenly over the course of a year.

Contact Rucci Oil today to learn more about the top-quality heating oil we deliver throughout Staten Island, Brooklyn, Manhattan and the Jersey City area.